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BuzzFeed cuts 12% of staff citing worsening econ conditions

Por: ABC News Tech December 06, 2022

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NEW YORK -- Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions. The New York company, which made the announcement in a regulatory filing on Tuesday, did not disclose how many workers it was letting go. According to the data firm FactSet, BuzzFeed has 1,522 employees, which would mean roughly 180 of them would be laid off.Advertisers, on which BuzzFeed relies, have broadly pulled back spending to... + full article



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