Layoffs

Vice Media has filed for Chapter 11 bankruptcy protection. It’s the latest digital media company to falter after a meteoric rise. Vice agreed to sell its assets to a consortium of lenders or about $225 million in addition to taking on a significant amount of the company’s debt. Other parties will also be able to submit bids. The bankruptcy filing...

MTV News—the news production division of MTV that launched over three decades ago with the Kurt Loder-hosted “The Week in Rock” — has shuttered due to massive layoffs.

Dropbox is laying off 500 employees, or about 16% of its workforce, the company said.

Amazon on Wednesday began laying off some employees in its cloud computing and human resources divisions.

Gap will lay off more than 500 employees in its latest round of job cuts as the apparel retailer looks to reduce costs and get back to profitability.

Meta has begun saying goodbye to some technical workers, following plans announced in March to lay off 10,000 employees.