BuzzFeed to lay off 15% of staff, shut down BuzzFeed News

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BuzzFeed to lay off 15% of staff, shut down BuzzFeed News
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BuzzFeed Inc. said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief...

BuzzFeed Inc.

said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief Executive Jonah Peretti said the company has faced “more challenges than I can count in the past few years.” Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler will leave, the company said.

said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief Executive Jonah Peretti said the company has faced “more challenges than I can count in the past few years.” Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler will leave, the company said.

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