Layoff · Apr 20, 2023

BuzzFeed cuts 180 jobs

DateApr 20, 2023

CountryUnited States

ReasonMarket downturn

IndustryMedia

People affected

180

15% of the workforce

Coverage

2 sources reporting this layoff. Previews load live from each site.

npr.org
https://www.npr.org/2023/04/20/1171056620/buzzfeed-news-shut-down-media-layoffs
npr.org
Fortune
BuzzFeed is axing their entire newsroom | Fortune
CEO Jonah Peretti said in a memo to staff that he “made the decision to overinvest” in the news division, but failed to recognize early enough that the financial support needed to sustain operations was not there.
fortune.com

Fortune

BuzzFeed is axing their entire newsroom | Fortune

CEO Jonah Peretti said in a memo to staff that he “made the decision to overinvest” in the news division, but failed to recognize early enough that the financial support needed to sustain operations was not there.

fortune.com

npr.org

https://www.npr.org/2023/04/20/1171056620/buzzfeed-news-shut-down-media-layoffs

npr.org