BuzzFeed to reduce staff by 16% in major cost-cutting move
by Wendy Lee, Los Angeles Times
Feb 21, 2024
1 minute
BuzzFeed on Wednesday said it is reducing its workforce by 16% in a significant move to cut costs. The online media company also announced the sale of youth-oriented publisher Complex for $108.6 million to L.A.-based live shopping platform NTWRK.
The cuts
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