BuzzFeed, Vice and other outlets slash jobs in a challenging market for digital media

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BuzzFeed, once a darling for the digital media industry, trimmed 15% of its workforce. The viral video company's layoffs follows a string of job cuts at other digital media firms as they struggle to make enough money through social platforms.

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(NBCU is an investor in BuzzFeed, not the owner.)

No sympathy. If you believe what you read on BuzzFeed you must have something seriously wrong with you.

And let’s not forget that whole fake news thing. You’re next El Segundo.

Mo money, mo blues

BUZZFEED NEEDS HELP..

Maybe if they offered actual content without their pages plastered with 200+ ads/scripts calling to dozens of domains & autoplay vids blasting before content even loads, they wouldn't be in trouble. Oh, & 'Guy Sees Moose, You'll Never Believe What Happens Next!' clickbait crap.

Great trend a fake news network starting to fold

You want to know why this thing is failing? They tell lies, and MSNBC reports the lies as truth to get it's feeble-minded base all worked up. Here, read this, and CHECK FOR YOURSELF THAT IT'S TRUE!

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Vice, BuzzFeed and the Reckoning for New-Media CompaniesVice Media and BuzzFeed not long ago were media-industry darlings, attracting young online audiences, popularizing edgy advertising tactics and drawing billions of investment dollars. Now, a reckoning has begun. Don't worry, this will be your future too, dear WSJ. Either you go with the time, or you go with the time. At this point, I suggest you work on plan B. So I guess hiring social justice warriors wasn’t the best idea after all. Their 'journalism' has always been a mess - Barely concealed racism and trying to normalize pedophilia with the 'A day in the life of a pedo' article. Just throw the whole company away
Source: WSJ - 🏆 98. / 63 Read more »