I changed the link to nbcnews rather than businessinsider - I tested it but the paywall on there is sneaky.

The full memo is:

Dear Vice Team,

As we navigate the ever-evolving business landscape, we need to adapt and best align our strategies to be more competitive in the long term. After careful consideration and discussion with the board, we have decided to make some fundamental changes to our strategic vision at Vice.

We create and produce outstanding original content true to the Vice brand. However, it is no longer cost-effective for us to distribute our digital content the way we have done previously.

Moving forward, we will look to partner with established media companies to distribute our digital content, including news, on their global platforms, as we fully transition to a studio model. As part of this shift, we will no longer publish content on vice.com, instead putting more emphasis on our social channels as we accelerate our discussions with partners to take our content to where it will be viewed most broadly.

Separately, Refinery 29 will continue to operate as a standalone diversified digital publishing business, creating engaging, social first content. As you know, we are in advanced discussions to sell this business, and we are continuing with that process. We expect to announce more on that in the coming weeks.

With this strategic shift comes the need to realign our resources and streamline our overall operations at Vice. Regrettably, this means that we will be reducing our workforce, eliminating several hundred positions. This decision was not made lightly, and I understand the significant impact it will have on those affected. Employees who will be affected will notified about next steps early next week, consistent with local laws and practices.

I know that saying goodbye to our valued colleagues is difficult and feels overwhelming, but this is the best path forward for Vice as we position the company for long-term creative and financial success. Our financial partners are supportive and have agreed to invest in this operating model going forward. We will emerge stronger and more resilient as we embark on this new phase of our journey.

Thank you for your continued dedication to Vice and support during this time of transition.

Together, I am confident that we will overcome any challenges and achieve our shared goals.

Bruce

A meme made in response (not by me):

Or perhaps:

Similar vibe:

Just to say, I massively prefer the name 'microblogmemes' over 'whitepeopletwitter'. That was always a weird one - posts didn't always involve white people, didn't always come from Twitter (which - technically - doesn't even exist anymore) and seemed based on a petty misunderstanding of what Black People Twitter was.

FWIW, I agree with you about the Denny's post. I'm also the moderator of a community that Stamets has quit, so I know that losing him is a blow, because he posts a lot of content. But I also know that he's a complicated human.

New home: !trendingcommunities@endlesstalk.org

Will probably post to both for a while, until we have some kind of resolution.

I heard that Unions are especially important in the US because it's how many workers get their healthcare (which is easy to overlook if you're not from there, and aren't really familiar with the Private system)

I always took the term 'bullshit jobs' to refer to jobs that produce something that society doesn't really require, and typically only exists because they need someone to deal with the output of someone else's bullshit job.

lemmy.world deleted their copy of it (due to site rules, and prompted by a concerned Internet citizen)

It's probably the biggest Community in all of Lemmy, so the ramifications will be interesting.

TempleOS. All other operating systems are sinful.

Have you perhaps considered blocking the screen with a big piece of cardboard? No coding required.

That's a very positive spin on quite a shitty situation (especially if lemmy.ml goes kaputt)