Vice CEO Just Stuffed His Employees’ Stockings with Over $1 Million Cash


What happens when your company receives half a billion dollars in investment? Allocate $1 million of it for employee “stocking stuffers,” obviously.

According to Gawker, who broke the story, Vice CEO Shane Smith handed out envelopes stuffed with $1,500 in cash to around 700 of the company’s U.S. employees at the media giant’s 20th anniversary party last week. Each employee received an envelope that contained 15 crisp, brand new $100 bills, details Business Insider.

Vice informed Gawker that the handouts were merely “stocking stuffers,” and not formal company bonuses. Of course, Vice probably wasted no time bragging to Gawker, considering the two companies have a slightly contentious relationship. Just slightly.

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