BuzzFeed Slumps 20% After Shutting Down News Division
BuzzFeed, Inc. (Nasdaq: BZFD) is closing its news division and laying off 15% of its employees. The company announced the news in an email to employees on Thursday from CEO Jonah Peretti, who stated that the layoffs will affect about 180 workers. “While layoffs are occurring across nearly every division, we’ve determined that the company … Continue reading BuzzFeed Slumps 20% After Shutting Down News Division
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