Buzzfeed will cut its staff by 15% in major round of layoffs

It's a dark day to work in the media. After the announcement that Verizon Media Group (formerly Oath), the parent company of TechCrunch, would lay off about 800 workers, BuzzFeed announced a substantial reduction in its workforce. And although they were anticipated, Gannett also made significant cuts in newsrooms in the United States on Wednesday. In a note to employees, BuzzFeed CEO Jonah Peretti explained that the layoffs would affect next week, which would reduce its workforce by 15%, or about 250 positions. "Over the last few months, we have done extensive work examining the trends in our business and

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