Layoff wave hits BuzzFeed, 12% employees lose jobs
Shortpedia
Content Team
Image Credit: Forbes
Online news portal BuzzFeed, which also owns the Huffington Post and Complex Networks, has laid off at least 180 employees or 12 per cent of its workforce, as media layoffs grow amid the challenging global conditions. BuzzFeed CEO Jonah Peretti said in an internal memo to impacted individuals that we are reducing our workforce by approximately 12 per cent and "letting many talented colleagues go".
