FEMALE-FOCUSED WEBSITE JEZEBEL IS SHUTTING DOWN AFTER 16 YEARS.
PARENT COMPANY G-OH MEDIA MADE THE ANNOUNCEMENT THURSDAY – SAYING 23 EMPLOYEES WILL BE LAID OFF AS PART OF A BROADER RESTRUCTURING OF ITS DIGITAL NEWS OUTLETS.
IN A MEMO TO STAFF — G-OH MEDIA’S CEO SAID HE MADE THE “DIFFICULT DECISION” AFTER FAILING TO FIND A BUYER FOR JEZEBEL.
THE COMPANY – WHICH ALSO OWNS SITES LIKE GIZMODO AND DEADSPIN – LAID OFF 13 EMPLOYEES IN JUNE.
THIS IS THE LATEST CUTS BEING MADE ACROSS THE MEDIA INDUSTRY AMID A WEAK ADVERTISING ENVIRONMENT.
VICE MEDIA ANNOUNCED THURSDAY IT IS SHUTTING DOWN SEVERAL SHOWS AND LAYING OFF DOZENS OF STAFFERS.