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Ken Blom News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BuzzFeed News Shutting Down; Sacking 180 Employees; Two Top Execs Leaving

The CEO of BuzzFeed, Jonah Peretti, has announced that BuzzFeed News is shutting down. Peretti said the media organization has been operating at a loss for several years and that it is winding down operations. In a memo to employees, the CEO said 180 staffers or 15% of the company’s employees will also have to leave

Andrew guendjoianKen blomJonah perettiMarcela martinBen smithEdgar hernandezChristian baeslerInternational salesNews guildHead of internationalBuzzfeed newsFeed news shutting downTwo top execsFeed newsFirst we feastRich reid

BuzzFeed will lay off 15% of staff, shutter its news unit

BuzzFeed will lay off 15% of staff and will shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.

Los angelesEdgar hernandezChristian baeslerKen blomAndrew guendjoianMarcela martinJonah perettiBusiness organizationHead of internationalBuzzfeed incNews guildInternational salesFeed newsBuzzfeed newsRich reidBusiness all hands

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."

United statesEdgar hernandezChristian baeslerJonah perettiKen blomMarcela martinAndrew guendjoianLos angelesHead of internationalBusiness organizationInternational salesNews guildBuzzfeed incBuzzfeed newsFeed newsPulitzer prize

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.

Christian baeslerAndrew guendjoianLos angelesEdgar hernandezMarcela martinKen blomNews guildBuzzfeed incInternational salesBusiness organizationHead of internationalBuzzfeed newsRich reidBusiness all handsBuzzfeed dot com

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