BuzzFeed will lay off 15% of staff and will shut down BuzzFeed News, CEO Jonah Peretti wrote in an email to staff Thursday. The layoffs will affect BuzzFeed’s business, content, admin and tech teams. The BuzzFeed layoffs came the same day... — read more
Liquidation
How are we feeling BuzzBros? SVB seems like the final nail in the coffin. BZFD is likely to get sold for pennies on the dollar then liquidated except for maybe Tasty products.
Here come layoffs
BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Quizzes and Other Content *CEO Jonah Peretti intends for artificial intelligence to play a larger role in the company this... — read more
Layoffs in progress
My sister was affected, she joined in 2021. Good luck to all.
More layoffs coming - and soon
How many employees does $5.3 million in restructuring fees equal?
Buzzfeed Has Started Buyouts
The layoffs came two months after BuzzFeed CEO Jonah Peretti announced in an earnings call that the editorial team would be downsizing, cutting between 25 and 50 roles by way of voluntary buyout. At the time, the company was engaged in active... — read more
Here we go
Strike is on the way! This is the best news I've heard in a long while.
Top Editors to Leave BuzzFeed News Ahead of Newsroom Cuts
https://www.nytimes.com/2022/03/22/business/media/buzzfeed-news-editors-newsroom-cuts.html
Jonah Peretti is the gift that keeps on giving
Excellent people are resigning and more will be pushed out with the next round of layoffs. I guess the last major round was not enough. Nor all the people from HuffPost who were cut when it was acquired. I'm guaranteeing you that everybody will be... — read more
HuffPost deep cuts
Just three weeks after acquizition... Luckily I left HuffPost even before the Verizon and BuzzFeed deal. There were many indications that this would happen, but 47 people is too many. People have been working under enormous pressure since the... — read more
Synergies from the merger?
Any synergies here? Who will be redundant? HR? Finance? https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html #news
Walkout
https://www.greenwichtime.com/business/article/BuzzFeed-employees-staging-walkout-in-push-for-14005210.php
Layoffs are happening and nobody is reporting it
Yet. The news will hit soon and it'll not be pretty. We already know. Good luck to all.
15% Layoff
Here we go.
Thought Catalog Feels the Layoff Heat
Algo changes affect pretty much everyone... They do not have a page here but Buzzfeed is affected too... The party is over! Millennial-focused publisher Thought Catalog is the latest media company to suffer collateral damage from Facebook's latest... — read more