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BUZZFEED CUTS 12% OF STAFF CITING WORSENING ECON CONDITIONS
Techlife News
|December 10, 2022
Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions.
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"In order for BuzzFeed to weather an economic downturn that I believe will extend well into 2023, we must adapt, invest in our strategy to serve our audience best, and readjust our cost structure, Jonah Peretti, co-founder and CEO, wrote in a letter to staff.
Social media and other companies who rely on digital advertising have also recently announced layoffs, including Facebook parent Meta, Twitter, Snap and Gannett.
Cette histoire est tirée de l'édition December 10, 2022 de Techlife News.
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