Vox Media Lays Off 6% of Staff After Sharp Revenue Drop-Off Amid Pandemic

By Brad Pareso 

Vox Media, whose brands include New York Magazine, Vulture, The Verge and SB Nation, is cutting 6 percent of its workforce, laying off about 70 employees. (Variety)

The majority of these employees were already furloughed in April at the height of the U.S.’ coronavirus pandemic. Vox Media implemented three-month furloughs for about 100 people to cut costs as advertising revenue across the media industry took a nosedive. (CNN Business)