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BuzzFeed News shutting down

Por: The Hill Politics April 21, 2023

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BuzzFeed is shutting down its news division. In a obtained by CNN, BuzzFeed Chief Executive Jonah Peretti said the company would lay off about 15 percent of its workforce as part of that shuttering. Peretti called the decision “deeply painful,” in his memo and cited “a tech recession” and “a tough economy” as factors leading to the major cost-cutting measure. “Additionally I made the decision to over invest in BuzzFeed News... + full article



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