Vice Media, Which Announced Layoffs and Sacked Over 100 Employees, Set To Declare Bankruptcy in Coming Days: Reports

Vice Media, the global news publisher and TV company, is reportedly set to declare bankruptcy in the coming days. People familiar with the matter confirmed that the development could be moved forward as soon as Monday. The American-Canadian media company was once valued at nearly $6 billion. Vice Media Preparing To File for Bankruptcy, Seeks Buyer: Report.

Vice Media Bankruptcy:

BREAKING: Vice Media is set to declare bankruptcy in coming days

— The Spectator Index (@spectatorindex) May 15, 2023

(The above story first appeared on LatestLY on May 15, 2023 08:41 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).