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BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division as the digital media company, best known for its lighthearted lists and quizzes, strives to increase its profitability. The New York-based company is offering voluntary buyouts in its high-profile, 100-person newsroom and some top editors are leaving. They include Mark Schoofs, the…

This could be a warning sign it will struggle to meet its own projections

BuzzFeed, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results Full year revenue grew 24% year-over-year to $398 million, led by robust double-digit growth in... | March 22, 2022

Three Buzzfeed editors quit their roles amid revelations the company is cutting its already lean news operation in a bid to get it to profitability.

BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division