BuzzFeed is shutting down its Pulitzer Prize-winning news division as part of a 15% reduction in force across the company, BuzzFeed CEO and co-founder Jonah Peretti announced. "While layoffs are ...

BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff Thursday. The digital publisher is laying off 15% of its ...

Media layoffs are surging around the U.S., but BuzzFeed is taking it one step further and shuttering its whole news division as it lays off 15% of employees. Reading time 2 minutes BuzzFeed News is ...

BuzzFeed took another lap around its AI-related talking points as its advertising business took another lap around the drain. The digital publishing company’s revenue has steadily declined since it ...

When the deal closes (expected by the end of this month), Allen will become BuzzFeed‘s chairman and CEO, replacing co-founder Jonah Peretti, who will become president of BuzzFeed AI. Since its IPO in ...

BuzzFeed is shutting down its BuzzFeed News operation, with CEO Jonah Peretti writing in a company memo that it "can no longer continue to fund" the site. The company, known for a millennial-friendly ...

BuzzFeed seems almost resigned to digital media’s downward spiral. Its ad revenue has been plummeting since going public at the end of 2021. And the outlook hasn’t gotten much better as stiffer ...

BuzzFeed News, which won a Pulitzer Prize for its reporting in 2021, is shutting down, in the latest sign of the economic challenges facing digital media companies attempting to deliver serious ...

Add Yahoo as a preferred source to see more of our stories on Google. BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to ...