BuzzFeed Inc. announced that it will shutter BuzzFeed News. Getty Images. Many of the laid-off staffers are members of the NewsGuild of New York union, which they joined in 2019.

BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff Thursday. The digital publisher is laying off 15% of ...

BuzzFeed's current corporate governance model has been criticized for its dual-class share structure, lack of board independence, and inadequate capital allocation discipline. As activist investors, ...

It is the end of an era. BuzzFeed News, the digital news outlet that harnessed the power of social media to take the internet by storm, is shuttering.

BuzzFeed News is shutting down after 11 years. In a memo sent to staff Thursday morning, BuzzFeed cofounder and CEO Jonah Peretti called the decision to fold BuzzFeed’s Pulitzer Prize–winning ...

The BuzzFeed co-founder and chief executive, who has always raced to test out the latest technologies, was familiar with AI and predictions of how it could one day revolutionize the media industry.

BuzzFeed CEO Jonah Peretti Takes Salary Cut, Shifting Most of His Compensation to Stock. Will It Make a Difference? 'We are organizing ourselves like a startup and incentivizing our team over the ...

BuzzFeed Inc.BZFD0.50%increase; green up pointing triangle is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, Chief Executive ...

BuzzFeed News employees tell New York that its 61-member unit is (digitally) walking off the job this morning for a 24-hour period, even as shareholders get ready to vote.

BuzzFeed’s business grew as it pioneered catchy ways — including listicles and quizzes — of attracting readers, and its news division won its first Pulitzer Prize this year.