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. This is a developing story. It will be updated.
Cnn next
Hopefully, you clowns are soon to follow!
THANK YOU BABY JESUS! This “ World according to kids whom barely lost their virginity and are now experts on life” was fucking annoying. They had no idea what the world was before 1989. If you gave them a rotary phone they wouldn’t know what to do..
'What happens next will BLOW YOUR MIND!'
philthatremains
A boon for western civilization.
FreeMaziNnamdiKanuNow
Why I left Buzzfeed 2.0
Number 10 of why we're shutting down will blow your mind!
Real news you won’t find on CNN! Hunter Biden's IRS whistleblower news draws intense Twitter backlash: 'Coverup of Biden family corruption'
Oh really? Keep forgetting it exists! 🤣🤣🤣
Now do CNN
They can go work on all those solar jobs Biden created lol.
Good
So no more of this?
readDanwrite Oh no
Unfortunate that the one redeeming part of the company is going away like this.
I guess thats a Buzz cut!
Good news for the media.
Good riddance. Hopefully CNN is next!
Great! CNN soon
First they were comedy, then leftest propaganda.. good bye
The spokesperson said no jobs are being replaced by AI .
'شغال الآن' لقاح كورونا بدون حضور جرعه أولى جرعه ثانيه جرعه ثالثه جرعه رابعه تنزل في صحتي وتوكلنا الدفع بعد الانجاز في ذمتك،
Good riddance to buzzfeed tbh
Lol
Alongside the shutdown of BuzzFeed News , chief revenue officer Edgar Hernandez and COO Christian Baesler are leaving the company .
ClownfishTVcom reported this would happen MONTHS ago on their Youtube channel!
Damn kendall gutted Vaulter again
The company's flagship BuzzFeed .com site will remain in place .
Buzzfeed News won a Pulitzer. This is a big loss. BuzzFeedNews
I think Elon might lay off some SpaceX staff. Just brainstorming ...
'You're not going to BELIEVE what happens next!'
Going forward ,BuzzFeed will concentrate its news efforts in a single profitable news organization -HuffPost , which it acquired from Verizon in 2020.
I hope they release a top 10 list for why it’s shutting down 🤞
They must have reported the truth about something
That’s actually unfortunate. They did great work. They were just tainted by the Buzzfeed name.
Company laying off 180 staffers .
More newsrooms closing. Glad I guess I got out when I did
“Worth It?”, was the only thing worth watching anyways.
Tragic 😢
good
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNN - 🏆 4. / 95 Read more »
Source: CNN - 🏆 4. / 95 Read more »
Source: DEADLINE - 🏆 109. / 63 Read more »