Pulitzer Prize-winning digital media company BuzzFeed will shut down its news division as it cuts about 15% of its entire staff. The company will now have one remaining news brand, HuffPost.
FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. Pulitzer prize winning digital media company BuzzFeed is cutting about 15% of its staff, according to multiple media reports. In a memo sent to staff, co-founder and CEO Jonah Peretti said that the New York company was going to start the process of shutting down its news division, and that cuts would also occur across its business, content, tech and administrative teams.
Pulitzer prize winning digital media company BuzzFeed will shut down its news division as it cuts about 15% of its entire staff.
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