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
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Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure
BuzzFeed announced plans to lay off dozens of employees after offloading Complex Networks at a significant discount. The struggling digital media group, which…
By Oliver Darcy, CNN
BuzzFeed on Wednesday sold Complex to NTWRK, an e-commerce company specializing in collectible items rooted in street culture, in a deal that further shrinks the struggling Jonah Peretti-led digital media empire that was once synonymous with virality and the social media age.
ComplexCon is expanding outside North America for the first time with the inaugural ComplexCon Hong Kong, and 21 Savage is on board as a headliner.