BuzzFeed Inc. said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief...
BuzzFeed Inc.
said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief Executive Jonah Peretti said the company has faced “more challenges than I can count in the past few years.” Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler will leave, the company said.
said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief Executive Jonah Peretti said the company has faced “more challenges than I can count in the past few years.” Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler will leave, the company said.
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BuzzFeed Moves to Close BuzzFeed News, Lays Off 15% of StaffBuzzFeed is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, its chief executive said in a note to employees
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BuzzFeed will lay off 15% of staff, shutter its news unitBuzzFeed will lay off 15% of staff and will shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.
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BuzzFeed to shut down news division and lay off 15% staffBuzzFeed Inc said on Thursday it will shut down its news division and will cut its workforce by 15%, sending the shares of the digital media company down 10%.
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BuzzFeed News is shutting down as company cuts 15% of staffThe company, once a rising star in digital media, has undergone major cuts in recent years.
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BuzzFeed News To Shut Down As Digital Media Company Cuts Workforce By 15%BuzzFeed News, which earned as reputation as a scrappy news-breaking digital rival to legacy media brands, is shutting down. Jonah Peretti, the CEO of BuzzFeed, announced to staffers in a memo on T…
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BuzzFeed News shuts down as parent company lays off 15% of staffers“Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience,” CEO Jonah Peretti wrote.
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