BuzzFeed plans to lay off 16% of employees after selling Complex
Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure
Source: theguardian.com
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Buzzfeed Selling Complex in a Restructure, Followed 16% Job Cuts to Improve Financial Position
Jonah Peretti, CEO of BuzzFeed, stated in a press release that selling Complex is a key strategic move for BuzzFeed, Inc., in reshaping the business to be more profitable, agile, and inventive. Read more.
Source: jobsnhire.com
BuzzFeed Shares More Than Double Following $108.6M Complex Sale, Plans To Layoff 16% Staff - BuzzFeed (NASDAQ:BZFD)
BuzzFeed has sold Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also see a 16% reduction in BuzzFeed's workforce.
Source: benzinga.com
BuzzFeed Shares More Than Double Following $108.6M Complex Sale, Plans To Layoff 16% Staff
BuzzFeed Inc‘s BZFD share price rose by 137.42% to $0.52 in after-hours trading after the company revealed the sale of Complex Networks to NTWRK, a…
Source: biztoc.com
Why NVIDIA Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket - Agile Therapeutics (NASDAQ:AGRX), Bel Fuse (NASDAQ:BELFB)
Shares of NVIDIA Corporation (NASDAQ: NVDA) rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.
Source: benzinga.com