From Google to Amazon and beyond, many tech companies have been laying off workers within just the past year alone. These conglomerates largely seek to lower overhead costs. Central to this is letting go of employees whose work is deemed as non-essential to company goals and operations.

This comes at a hard time for workers. Many people are barely making ends meet, thus having to deduce creative ways to stretch their dollars. For some, this means driving for Lyft or Uber and delivering groceries via Uber Eats or Instacart. Others need to seek out multiple part-time jobs in order to stay afloat.

In the meantime, Vice News has joined the growing list of companies that are bidding farewell to many of their employees.

Here's what's going on

Vice CEO Bruce Dixon made things very clear in a memo he sent out this week. According to Dixon, their current content distribution strategy has ceased to be "cost-effective." In light of this, the company will be parting ways with hundreds of workers in positions now deemed to be redundant.

Like many other CEOs, Dixon explained in his memo that this decision emerged after significant internal reviews and consideration. He also noted that dismissing the aforementioned workers is the best way for Vice to position itself for success, both creatively and financially.

Vice's change to its workforce comes amid inflation and growing shifts in how consumers ingest digital news. Going forward, the company also affirmed its commitment to streamlining operations and partnering with other media outlets.

No more publishing content on the website

In addition to laying off hundreds of workers, Vice will also no longer publish content on the Vice.com website. Certain staff members like Josh Visser deemed the notion of removing people's work from the site as "completely reprehensible."

Despite Vice's assertion that its decisions are in the best interests of the company's creative success and financial growth, Visser said he fails to understand the "business reasons" behind such a move.

Other similar platforms, such as The Intercept, NowThis, and Vox Media, have made headlines amid their release of hardworking employees.