The move, which was confirmed by BuzzFeed Chief Executive Jonah Peretti in a memo to staff, is part of a 15% reduction in BuzzFeed's workforce.
"While layoffs are occurring across nearly every division, we've determined that the company can no longer continue to fund BuzzFeed News as a standalone organization," Peretti said."As a result, we will engage with the News Guild about our cost reduction plans and what this will mean for the affected union members."
Peretti noted that BuzzFeed properties HuffPost and BuzzFeed.com signaled that they will open a number of roles for members of BuzzFeed News. "Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience," Peretti added.
Bye bye
Clown news 🤡🤡🤡
Yes! Keep up the great work Patriots! TurnOffFakeNews
Just need elonmusk and twitter to develop AI to broadcast news and put the rest of you MSM🤡 out of business
Go woke, go broke! Take notes fake news
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BuzzFeed News To Shut Down As Digital Media Company Cuts Workforce By 15%BuzzFeed News, which earned as reputation as a scrappy news-breaking digital rival to legacy media brands, is shutting down. Jonah Peretti, the CEO of BuzzFeed, announced to staffers in a memo on T… 🥵🥵🥵 Didn't they say they were going ChatGPT a few months ago? ClownfishTVcom called it a few months ago on their YouTube channel! Right - AGAIN!
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BuzzFeed News Is Shutting Down, Company Laying Off 180 StaffersBuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff Thursday. The digital publisher is laying off 15% of its… Really unfortunate. BuzzFeed News, in spite of its connection to BuzzFeed, was a fantastic outlet. Great!!!!! BuzzFeedNews and all buzzfeed SUCK Well their staff must now learn to code.😂🤣
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BuzzFeed News shuts down as parent company lays off 15% of staffers“Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience,” CEO Jonah Peretti wrote. Can we call it, 'Buzzsaw' now? Ughhhh who’s gonna peddle mis/dis information nowwwwww!!? Ouch
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