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April 21, 2023

BuzzFeed News Shuts Down, Citing Lack of Profitability
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Buzz Feed News is shutting down. The announcement was made by Buzz Feed
CEO and co-founder Jonah Peretti in an email to staff, where he said the
company is laying off 15% of its employees across multiple divisions.
Huff Post, which Buzz Feed acquired in 2020, will now be the company's
sole news brand. This came on the same day the digital news media
company Insider said it would cut 10% of its workforce.


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