[recode]

Mic has laid off the majority of its staff

The publisher is trying to sell the remainder of the company to Bustle Digital Group.

Mic is laying off the majority off its staff while the digital publisher works on a deal to sell the remainder of its assets to Bustle Digital Group.

Mic CEO Chris Altchek announced the layoffs at a staff meeting this morning. Until today the company had employed more than 100 people. I’ve asked Mic to provide details on the layoffs, including the total number of people who will lose their jobs.
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https://www.recode.net/2018/11/29/18117787/mic-layoffs-staff-bustle-facebook _____________________________________________________
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