It is the end of an era. BuzzFeed News, the digital news outlet that harnessed the power of social media to take the internet by storm, is shuttering. The move marks the end of the digital media ...
BuzzFeed on Wednesday said it is reducing its workforce by 16% in a significant move to cut costs. The online media company also announced the sale of youth-oriented publisher Complex for $108.6 ...
BuzzFeed CEO Jonah Peretti sent a memo to staff Thursday saying the company can “no longer afford to fund” the news division. By Caitlin Huston Business Writer BuzzFeed News is being shuttered, with ...
In early 2021, BuzzFeed’s CEO, Jonah Peretti, had a problem. He wanted to take the digital media company — one of the defining players of the internet’s past 15 years — public through a Special ...
The ur-viral content site BuzzFeed has often served as a trailblazer — and sometimes a canary in the coal mine — for the digital media industry. Now, its struggle to succeed after a pivot to ...
BuzzFeed has sold Complex — the youth-culture media company it bought three years ago — and will pink-slip another 16% of BuzzFeed’s remaining staffers in a restructuring designed to get back on ...
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