Pulitzer Prize-winning BuzzFeed News to be shut down
In shocking news to the global media industry, the Pulitzer Prize-winning news arm of BuzzFeed.com is being shut down, CEO Jonah Peretti announced on Thursday.
Source: thenewsminute.com
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Why is Buzzfeed closing down its news site?
BuzzFeed is axing 15 per cent of its staff and closing down BuzzFeed News, due to the pandemic and a weak stock market
Source: standard.co.uk
BuzzFeed will lay off 15% of staff, shutter its news unit
BuzzFeed will lay off 15% of staff and will shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.
Source: cnbc.com
BuzzFeed to lay off 15% of staff and shut down news site
CEO Jonah Peretti said he ‘overinvested in BuzzFeed News’ and ‘can and will do better’
Source: standard.co.uk