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BuzzFeed News shutting down as parent company slashes 15% of jobs

CEO Jonah Peretti wrote in a memo that "the company can no longer continue to fund BuzzFeed News as a standalone organization."

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BuzzFeed News shuts down as company lays off 15% of staffers

The parent company of the site that took the news business by storm in the early 2010s is being shut down, CNN's Oliver Darcy was first to report.

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BuzzFeed News is being shut down

BuzzFeed News, a Pulitzer Prize-winning newsroom, is being shut down. The shutdown is happening as part of a new round of layoffs.

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Buzzfeed News Closing Down

Buzzfeed News Closing Down
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BuzzFeed News Is Shutting Down, Company Laying Off 180 Staffers

BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff.

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