Buzzfeed News Goes Bust! Trump Dossier Spreader Shuts Down. Fake News Reckoning.
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Buzzfeed News Goes Bust! Trump Dossier Spreader Shuts Down. Fake News Reckoning.
Nolte: Far-Left Buzzfeed Cuts 15% of Staff, Closes BuzzFeed News. Wallstreet numbers falling fast!
After more than a decade of failure, far-left BuzzFeed News is finally shutting down.
BuzzFeed CEO Jonah Peretti’s memo announcing the mercy killing Thursday morning and the memo was tweeted out by a media reporter* for the far-left New York Times.
part, the memo read:
Additionally, I made the decision to overinvest[**] in BuzzFeed News[***] because I love their work and mission so much. This made me slow to accept that the big platforms wouldn’t provide the distribution or financial support required to support premium, free journalism[****] for social media.
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Just as we reduced our footprint in NYC last year, we will be reducing our real estate in Los Angeles from four buildings to one[.]
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HuffPost and BuzzFeed Dot Com have signaled that they will open a number of select roles for members of BuzzFeed News
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As part of today’s changes, both our CRO Edgar Hernandez and COO Christian Bressler have made the decision to exit the company.
Overall, BuzzFeed will cut 15 percent of its 1200-person staff.