LOS ANGELES — BuzzFeed on Wednesday said it is reducing its workforce by 16% in a significant move to cut costs. The online media company also announced the sale of
BuzzFeed on Wednesday said it is selling youth network Complex for $108.6 million. Job losses come as media and entertainment industries are slashing costs.
Column: What it looks like when jobs disappear in the shadow of AI biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
BuzzFeed News is the latest victim of a digital revolution that confused 'new' with 'sustainable.' And the rank-and-file, not CEOs, are left to face the blade.
BuzzFeed News is the latest victim of a digital revolution that confused 'new' with 'sustainable.' And the rank-and-file, not CEOs, are left to face the blade.