Vice Media to Move Out of Brooklyn Offices Following Bankruptcy

Vice Media, the onetime new media darling that declared bankruptcy three months ago, is moving out of its Brooklyn offices as the company looks to save on real estate costs after a restructuring.

Most of the company’s staff will work remotely on a temporary basis until Vice finds a new office somewhere in New York City, co-CEOs Bruce Dixon and Hozefa Lokhandwala said in a memo to staff.

The company’s office on South 2nd Street in Brooklyn, “has a larger-than-life place in the minds of many of us,” the executives said. But it has “become increasingly unsuited to the ...