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| -Great Cultural Revolution |
| BuzzFeed News is being shut down |
| 2023-04-21 |
| By Jay Peters [VERGE] BuzzFeed News, the Pulitzer Prize-winning news arm of BuzzFeed.com, is being shut down, BuzzFeed CEO Jonah Peretti announced to staff on Thursday. The shutdown is happening as part of a new wave of layoffs at the company that will reduce the company’s workforce by about 15 percent. “While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” Peretti wrote in a memo to staff the company shared with The Verge. Peretti said they would focus on HuffPost, which it acquired in 2020, as the company’s news brand because the publication is “profitable with a loyal direct front page audience.” Both HuffPost and BuzzFeed plan to open “a number of select roles” for BuzzFeed News staffers. Read the rest at the link Related: BuzzFeed News: 2023-01-09 Alabama woman who joined ISIS hopes to return from Syria camp BuzzFeed News: 2023-01-04 Twitter Files Part 11 shows how 'PR crisis' following 2016 election allowed company to embrace intel community BuzzFeed News: 2022-09-29 First Openly Transgender Army Officer Indicted for Trying to Give Soldiers' Medical Info to Russia |
| Posted by:badanov |
| #8 Maybe to avoid a Trump lawsuit. |
| Posted by: The Walking Unvaxed 2023-04-21 13:21 |
| #7 Hahahaahahaha - from when BuzzFeedNews went live in 2018... #QFT: BuzzFeed launches a new website for its real journalism. |
| Posted by: mossomo 2023-04-21 13:18 |
| #6 Our work here is done. |
| Posted by: swksvolFF 2023-04-21 11:35 |
| #5 Door A$$ Bang |
| Posted by: ed in texas 2023-04-21 09:50 |
| #4 Under Peretti's leadership, BuzzFeed has lost about $10 million annually. Sure, I can see why BuzzFeed might close up shop. Question: Who has been pumping the keep alive $$$$ into this losing IT-NEWS media site to publish its political narrative and do hatchet job reporting? |
| Posted by: NN2N1 2023-04-21 09:30 |
| #3 Ben Smith’s Semafor Partners with CCP-Linked Think Tank |
| Posted by: Skidmark 2023-04-21 07:36 |
| #2 Nolte: Far-Left Buzzfeed Cuts 15% of Staff, Closes BuzzFeed News |
| Posted by: Skidmark 2023-04-21 07:35 |
| #1 BuzzFeed was the publisher of the Steele Dossier |
| Posted by: lord garth 2023-04-21 00:18 |