Vice Media, once valued at $6 billion, has faced a significant downfall attributed to a radical cultural shift within the company. According to Michael Moynihan, the 'woke' radical takeover and the higher-ups' decisions led to the bankruptcy of Vice. In 2020, mass layoffs affected 100-150 employees, but the staff's primary concern was a petition to save two trans colleagues. The company's approach to youth culture and political correctness is cited as a key factor in its decline. Articles that did not meet Vice Media Group's editorial standards were discreetly removed, marking a stark shift from its gonzo journalism roots.
Absolutely wild article by @mcmoynihan about the wokeness-accelerated collapse of Vice. Look at those traffic numbers... https://t.co/vvktvPYK4v https://t.co/qjEE5BLBn9
Inside the downfall of the $6B @Vice empire that led to its gonzo journalism being discreetly memory-holed with this disclaimer: “We have concluded that this article does not meet Vice Media Group’s editorial standards. It has been removed.” https://t.co/LLJMCPqLFl
Harrowing story on the rise and fall of Vice. https://t.co/SCui9BBoBA
“They don’t understand what the country is.” @MCMoynihan on the “woke” radical takeover that bankrupted Vice—and the higher ups who allowed it to happen: “They thought the way forward to be involved in youth culture was to be people who gave in to this very narrow view of what… https://t.co/Gdcdy0pAWc
How did the Vice staff react to mass layoffs hitting 100-150 of their colleagues in 2020? A petition to save the two who were trans. @MCMoynihan: “That was the political culture.” Today on Honestly with @BariWeiss, an insider reveals how Vice collapsed: https://t.co/L7mLdYJ5P4 https://t.co/d7bx5lb18C