Axios is laying off approximately 50 people across the digital news company, CEO Jim VandeHei announced in an email to staffers on Tuesday.
In his email, obtained and reported by The New York Times and Deadline, VandeHei said the changes are not “a reflection on anyone’s work — it’s because of changes in the media business.”
“We’re eliminating about 50 position to get ahead of tectonic shifts in the media, technology and reader needs/habits,” he wrote. “This is a painful but...