Vivek Ramaswamy, one-time Republican presidential candidate, gave BuzzFeed management his vision for mass layoffs and far-right voices on the platform, after acquiring an 8.4% stake in the online media company. In a letter to the BuzzFeed Board of Directors, Ramaswamy wrote that the company was “caught without a viable strategy” amidst the death of the social internet model. Ramaswamy also …
BuzzFeed News is shutting down as part of companywide layoffs MICHEL MARTIN, HOST: The website BuzzFeed is shutting down its Pulitzer Prize-winning newsroom. It's been - you know, BuzzFeed and BuzzFeed News, you know, we came up as Facebook and Twitter and social media rose and became this exciting new thing where you could - you know, where you could …
BuzzFeed shutters its newsroom as the company undergoes layoffs Enlarge this image toggle caption Nicholas Kamm/AFP via Getty Images Nicholas Kamm/AFP via Getty Images 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 occurring across nearly every division, we've …