Milo Yiannopoulos lays off media company staff amid money trouble

Former Breitbart darling and alt-right troll Milo Yiannopoulos laid off staff at his eponymous entertainment company after losing its funding.

Following his resignation from Steve Bannon’s controversial and conservative news site in 2017, Yiannopoulos launched Milo Worldwide LLC, which also included Milo Entertainment Inc.

“He fired everybody,” a source familiar with the media company told Politico.

Among them was journalist Chadwick Moore, who had been laid off long before anyone told him about his dismissal. He spent those days with Yiannopoulos, who was supposed to inform the writer of the termination.

“I haven’t a clue what you’re talking about. I’m just an editor and the work continues,” he wrote in an email response to Milo Inc. CEO Alexander Macris, who alerted him to his dismissal.

Marcris was also laid off though both he and Moore still retain their interests in Milo Worldwide.

13 PHOTOS
Milo Yiannopoulos
See Gallery
Milo Yiannopoulos
ORLANDO, FL - JUNE 15: Milo Yiannopoulos, a conservative columnist and internet personality, holds a press conference down the street from the Pulse Nightclub, June 15, 2016 in Orlando, Florida. Yiannopoulos was briefly banned from Twitter on Wednesday. The shooting at Pulse Nightclub, which killed 49 people and injured 53, is the worst mass-shooting event in American history. (Photo by Drew Angerer/Getty Images)
Milo Yiannopoulos addresses the media during a news conference in New York City, NY, U.S. February 21, 2017. REUTERS/Lucas Jackson
ORLANDO, FL - JUNE 15: Milo Yiannopoulos, a conservative columnist and internet personality, holds a press conference down the street from the Pulse Nightclub, June 15, 2016 in Orlando, Florida. Yiannopoulos was briefly banned from Twitter on Wednesday. The shooting at Pulse Nightclub, which killed 49 people and injured 53, is the worst mass-shooting event in American history. (Photo by Drew Angerer/Getty Images)
Milo Yiannopoulos speaks to a group protesting against CUNY?s decision to allow Linda Sarsour, a liberal Palestinian-American political activist, to speak at this year?s commencement in New York, U.S., May 25, 2017. REUTERS/Lucas Jackson
ORLANDO, FL - JUNE 15: Young people, some wearing Donald Trump attire, wait for Milo Yiannopoulos, a conservative columnist and internet personality, to arrive for a press conference down the street from the Pulse Nightclub, June 15, 2016 in Orlando, Florida. Yiannopoulos was briefly banned from Twitter on Wednesday. The shooting at Pulse Nightclub, which killed 49 people and injured 53, is the worst mass-shooting event in American history. (Photo by Drew Angerer/Getty Images)
Australian senator David Leyonhjelm (L) and right-wing British provocateur Milo Yiannopoulos congratulate each others on their book release during a visit to Parliament House in Canberra on December 5, 2017. Yiannopoulos blasted those who do not agree with him as 'petulant babies' after violent protests in Melbourne. The polarising former Breitbart editor is touring with his 'The Troll Academy' speaking show. Hundreds of protestors clashed with police and supporters of Yiannopoulos outside a supposedly secret venue in Melbourne on December 4. / AFP PHOTO / MARK GRAHAM (Photo credit should read MARK GRAHAM/AFP/Getty Images)
ORLANDO, FL - JUNE 15: Milo Yiannopoulos, a conservative columnist and internet personality, holds a press conference down the street from the Pulse Nightclub, June 15, 2016 in Orlando, Florida. Yiannopoulos was briefly banned from Twitter on Wednesday. The shooting at Pulse Nightclub, which killed 49 people and injured 53, is the worst mass-shooting event in American history. (Photo by Drew Angerer/Getty Images)
ORLANDO, FL - JUNE 15: Milo Yiannopoulos, a conservative columnist and internet personality, holds a press conference down the street from the Pulse Nightclub, June 15, 2016 in Orlando, Florida. Yiannopoulos was briefly banned from Twitter on Wednesday. The shooting at Pulse Nightclub, which killed 49 people and injured 53, is the worst mass-shooting event in American history. (Photo by Drew Angerer/Getty Images)
Right-wing British provocateur Milo Yiannopoulos answers questions during a speech at Parliament House in Canberra on December 5, 2017. Yiannopoulos blasted those who do not agree with him as 'petulant babies' after violent protests in Melbourne. The polarising former Breitbart editor is touring with his 'The Troll Academy' speaking show. Hundreds of protestors clashed with police and supporters of Yiannopoulos outside a supposedly secret venue in Melbourne on December 4. / AFP PHOTO / MARK GRAHAM (Photo credit should read MARK GRAHAM/AFP/Getty Images)
Milo Yiannopoulos addresses the media during a news conference in New York City, NY, U.S. February 21, 2017. REUTERS/Lucas Jackson
Breitbart bad boy Milo Yiannopoulos not silenced by Twitter ban https://t.co/MAcnuH4h7k https://t.co/nodgbGqs1p
Milo Yiannopoulos, right-wing writer, permanently banned from Twitter https://t.co/UeFkyiRlyY https://t.co/gBPyfdPQFl
Milo Yiannopoulos announces plans to lead gay pride march through Muslim ghetto https://t.co/3Mv7Kt0tHV https://t.co/XFVu1GAvlV
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

Yiannopoulos told Politico he let the pair go because the costs of their healthcare were too high, adding that he increased their compensation through Milo Worldwide to make up the difference.

At least another two full-time workers were let go.

The alt-right provacateur’s company took a hit last year after former patrons Robert and Rebekah Mercer cut ties and pulled their financial backing.

Yiannopoulos expected relief from cryptocurrency billionaire Matthew Mellon, but his unexpected death earlier this month has seemingly thrown a wrench in those plans.

Mellon was found dead April 16 from a suspected drug overdose, prompting Yiannopoulos to seek out additional financial backing.

The controversial writer and author also brushed off the layoffs as a minor setback, though some of his staff are “very, very furious” over the move.

“The video component of my daily show was stopped recently as the cost wasn’t justifiable,” he said. “Show is now only audio. But nothing has changed elsewhere or at Dangerous.com.”

Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.