Vice Media said it would stop publishing content on its flagship website and plans to cut hundreds of jobs, following a failed effort by owner Fortress Investment Group to sell the embattled ...

In news alone, 1,972 jobs were cut through May this year ... businesses profitable as well as digital media companies such as BuzzFeed and Vice Media that are trying to bolster their valuations.

Vice Media Group - which was valued at $5.7bn (£4.5bn) in 2017 - could be taken over for $225m. The youth-focused digital publisher said it will continue to operate during the bankruptcy process.

Vice Media Group plans to lay off hundreds of employees ... and executives started laying off waves of employees and cut costs over the last few years. The company emerged from bankruptcy last ...