Axios Cuts 19 Jobs From Product, Tech and Design
Axios has cut 19 jobs on the Product, Tech and Design team, TheWrap has learned.
Co-founder and CEO Jim VandeHei announced the cuts in an all-staff note on Wednesday. “This is a difficult, but necessary, move to meet our evolving tech strategy,” he wrote.
A source with knowledge of the staff reductions clarified that none of these roles were editorial or part of the newsroom.
The update comes over a year after Axios laid off 50 staffers as a way to adapt to a shifting industry landscape. At the time, VandeHei noted the decision to eliminate positions came amid “tectonic shifts in the media, technology and reader needs/habits.”
“This is a painful but necessary move to tighten our strategic focus and shift investment to our core growth areas,” VandeHei wrote in an August 2024 memo. “We’re making some difficult changes to adapt fast to a rapidly changing media landscape.”
VandeHei also assured impacted staffers that the decision wasn’t “a reflection on anyone’s work.”
The layoffs at Axios follow other media shakeups this month, including Teen Vogue’s decision to gut its Politics team right before Election Day. As TheWrap previously reported, Condé Nast announced Monday that Vogue will absorb the teen magazine, resulting in the layoff of editor-in-chief Versha Sharma and several young journalists.
Condé Nast’s union and the NewsGuild of New York “strongly condemned” the parent company’s decision, noting that leadership owed staffers “answers.”
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