The founders of Vice Media admitted to having "failed as a company to create a safe and inclusive workplace where everyone, especially women, can feel respected and thrive" after a New York Times investigation published Saturday revealed allegations of sexual harassment and a toxic work environment.
The report said three Vice employees received settlements after they made allegations of sexual harassment, one of which involved the president of the company. Another employee received a settlement after suing for defamation.
The settlements go back a decade and Vice co-founders Shane Smith and Suroosh Alvi acknowledged the challenges their company faced, NBC News reported.
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“Cultural elements from our past, dysfunction and mismanagement were allowed to flourish unchecked,” the two men said in a statement available on Vice’s website. “That includes a detrimental ‘boy’s club’ culture that fostered inappropriate behavior that permeated throughout the company. It happened on our watch, and ultimately we let far too many people down. We are truly sorry for this.”