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May 18, 2020updated 30 Sep 2022 9:18am

Vice chief exec warns tech giants’ ‘squeeze’ on publishers ‘becoming a chokehold’ as cuts fall

By Charlotte Tobitt

The chief executive of Vice Media Group has urged industry leaders to stand together against tech giants, saying their “squeeze” on news publishers “is becoming a chokehold”.

Nancy Dubuc (pictured) made the plea in an all-staff email sent on Friday as she announced plans to cut 55 jobs in the US and around 100 elsewhere.

It came in the same week that Buzzfeed closed its news operations in the UK and Australia, Quartz cut 80 jobs and closed its London office,  The Economist Group cut 90 non-editorial roles and stopped printing its 1843 magazine, and local publisher Midland News Association put 90 jobs at risk.

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