180 BuzzFeed News Employees Are Going To Be Laid Off
(CTN News) - In a memo sent Thursday, CEO Jonah Peretti said BuzzFeed News was closing because it couldn't turn a profit. In........
Source: chiangraitimes.com
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'Huge loss to journalism': BuzzFeed Inc. announces immediate shut down of news subsidiary and massive slash in workforce leaving media world 'devastated'
Award-winning digital media website, BuzzFeed News, will be closing permanently, the company's chief executive officer has revealed in a shock announcement.
Source: skynews.com.au
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Media businesses slash costs as BuzzFeed closes news division
Digital advertising has plummeted this year, cutting into the profitability of major tech companies from Google to Facebook.
Source: 1news.co.nz
BuzzFeed News to be shut down in corporate cost-cutting move – Indianapolis Business Journal
Digital advertising has plummeted this year, cutting into the profitability of major tech companies from Google to Facebook. Waves of layoffs have rolled through the tech industry and more are expected.
Source: ibj.com
BuzzFeed lays off dozens of staff
BuzzFeed laid off dozens of employees on Friday inside its prized news division as the media organization restructures to grapple with the tumultuous digital news landscape. “It’s a slaughter,” one employee, who was not authorized to speak publicly, told CNN Business. The entire national desk, which produced some of BuzzFeed…
Source: newsghana.com.gh