BuzzFeed News shuts down as parent company lays off 15% of staffers

  • 📰 nypost
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

“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.

The parent company of the site that took the news business by storm in the early 2010s and also published the now-debunked Steele Dossier is being shut down, according to a memo from BuzzFeed Inc. CEO Jonah Peretti on Thhursday

Peretti said shutting the site was part of a broader shakeup that includes laying off 15% of staffers companywide. “For BuzzFeed News, we have begun discussions with the News Guild about these actions,” Peretti wrote in the memo, which was first obtained by CNN’s Oliver Darcy.“HuffPost and BuzzFeed Dot Com have signaled that they will open a number of select roles for members of BuzzFeed News,” Peretti wrote.

“Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ComfortablySmug Nice.

Now do amazon, Facebook, and other agencies of JoeBiden's useless and anti-American DemocraticParty/DNC. Start the popcorn, honey; I'll melt the butter.

LearnToCode fakenews

Ouch

Why?

It’s a great day. BUZZFEED is gone.

God is good

Can we call it, 'Buzzsaw' now?

Ughhhh who’s gonna peddle mis/dis information nowwwwww!!?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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!
Source: DEADLINE - 🏆 109. / 63 Read more »

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.😂🤣
Source: Variety - 🏆 108. / 63 Read more »