BuzzFeed News is come together .
chief operating officer Jonah Peretti announced Buzzfeed is closing in a fellowship - wide memoranda to staff on Thursday : “ We are boil down our workforce by close to 15 % today across our Business , Content , technical school , and Admin teams , and beginning the process of closing BuzzFeed News . ” The cuts will affect roughly 180 employees .
“ I could have managed these change better as the CEO of this troupe and our leaders squad could have execute good despite these fate , ” Peretti write . “ I made the decisiveness to overinvest in BuzzFeed News because I make love their work and commission so much . ”
Image: Primakov (Shutterstock)
BuzzFeed News ’ terminal push notice read , “ BuzzFeed News is log off with a reminder that blippi pooped on his acquaintance , ” referencing itsinvestigation into a famous YouTuber , Blippi , who makes videos for young children but who once pooped on a man in a “ Harlem Shake ” video .
Peretti said his company will be focus its news efforts on HuffPost , recently acquire , which has proved to be more lucrative than BuzzFeed News , according to Peretti ’s email : “ Moving onward , we will have a single news brand in HuffPost , which is profitable , with a fast direct front Thomas Nelson Page audience . ”
“ While layoffs are occurring across near every division , we ’ve make up one’s mind that the company can no longer continue to fund BuzzFeed News as a standalone organization , ” Peretti wrote .
Although BuzzFeed News is close , the troupe will preserve to mesh media mental process on its other program , and Peretti say cost - edit out measures will take result include closing several of its New York City and Los Angeles offices , trim down its budget , travel , and “ most other discretional , non - revenue generating expenditures . ”
accord to the memo , some BuzzFeed editors and reporter will be redistribute to other area of the company in accordance of rights with their skill set , while the company ’s CRO Edgar Hernandez and COO Christian Baesler will also be leave BuzzFeed within the get along weeks .
The company latterly begin experiment with havingartificial intelligence indite its viral quiz .
Founded in 2011 , BuzzFeed ’s news partition won multiple awards in the course of its dozen years , let in a Pulitzer Prize in 2021 for an investigation of Uyghur detainment in China . The outlet also received the George Polk Award and the National Magazine Award .
BuzzFeed News ’ shuttering comes on the same day asInsider announced it would lay off 10 % of its employee , include unionized writer . Like BuzzFeed , the business - focused sales outlet herald it would startexperimenting with AIlast hebdomad .
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