Vice Media Group has laid off a sizeable portion of its staff as it prepares to refocus its news operations on high-growth areas of digital video.

Citing “business realities facing [Vice Media Group] and the broader news and media industry,” a memo signed by co-CEOs Bruce Dixon and Hozefa Lokhandwala said the majority of the cuts are in the company’s news division, which includes cancelling Vice TV broadcast Vice News Tonight.

Though the memo did not specify a number for the layoffs, a statement from the Vice News Union said roughly 100 staff were impacted, “dozens” of which came from its unit. A tweet from podcast host Arielle Duhaime-Ross also said that the company’s audio team was “no more,” which was later echoed by several now-former staff who worked on the company’s podcasts.

The company memo said the reduction would help streamline operations and focus on its greatest areas of growth. Those include owned digital channels on TikTok, YouTube and Twitch, as well as FAST channels and on streaming service Paramount+. It also includes its content distribution business and the documentaries produced by its news team for the likes of HBO Max, Tubi and Netflix.

“Vice News is core to Vice Media Group and fundamental to our business,” the memo said. “We are not exiting the news business, but we are changing the shape of Vice News to position the whole company for long-term opportunities and improve how we deliver important, ground-breaking journalism well into the future.”

In addition, Vice World News will be folded into Vice News, which will be the company’s singular news brand going forward.

The Vice layoffs are the latest to hit major media organizations amid global economic pressures and a reduction in advertiser spending. Last week, BuzzFeed announced the shuttering of BuzzFeed News. Closer to home, Corus, TVA and Postmedia are among the Canadian media companies that have also made cuts to their editorial teams.