My sister was affected, she joined in 2021. Good luck to all.
How many employees does $5.3 million in restructuring fees equal?
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
Strike is on the way! This is the best news I've heard in a long while.
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
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
Any synergies here? Who will be redundant? HR? Finance? https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html #news
Yet. The news will hit soon and it'll not be pretty. We already know. Good luck to all.
Here we go.
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