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Media

BuzzFeed News Shutting Down

View Source | April 20, 2023 11:40 am

  • BuzzFeed News is shutting down.
  • In an email to staff shared with NBC News, BuzzFeed CEO Jonah Peretti said the move was part of a 15% workforce reduction across a number of teams.
  • “While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” he wrote.
  • Peretti said he had “overinvest[ed] in BuzzFeed News “because I love their work and mission so much.”
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