BuzzFeed Cuts 15% of Workforce, Shuts Down BuzzFeed News

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BuzzFeed Cuts 15% of Workforce, Shuts Down BuzzFeed News
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BuzzFeed News (Left Bias) is shutting down as its parent company aims to reduce spending across the board. See potential bias and similarities in coverage from nytimes, MarketWatch, and nypost:

Key Quotes:

In a company memo, BuzzFeed Chief Executive Jonah Peretti announced the news-arm of the media company was being shuttered, stating, “We are reducing our workforce by approximately 15% today across our Business, Content, Tech and Admin teams, and beginning the process of closing BuzzFeed News. Additionally, we are proposing headcount reductions in some international markets.

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