If things get particularly bad, BuzzFeed does have a credit facility. In Q4, for example, it borrowed $5 million. With all of this in mind, it’s clear that while BuzzFeed is still very much a ...
And in the case of BuzzFeed journalists, it's a lot less. This piece has been updated to clarify that the latest layoffs at BuzzFeed did not impact BuzzFeed News or HuffPost. Is artificial ...
BuzzFeed has also had its share of layoffs, having recently announced it will eliminate around 12 percent of its workforce — about 182 of 1,522 staffers — as the company’s revenue has been ...
In an internal memo to staff obtained by Variety, Vox CEO Jim Bankoff said the layoffs were a result of "the challenging ...
Meta shares gained 6% after CEO Mark Zuckerberg said Tuesday the social media company plans to cut 10,000 employees. The ...
BuzzFeed stock opened at just $0.92 per share on Wednesday. That is a 92% decline from its debut price of $10.95 per share on Dec. 6, 2021. Here’s why the under-a-dollar stock price is dangerous.
With its unprecedented crisis, the spotlight is now on all the tech companies that have been impacted by the bank s free fall ...
Note: This story originally published on Dec. 1, 2022 and included an interview with layoffs.fyi creator Roger Lee. It was updated on March 15 with new data and information on layoffs in the tech ...
BuzzFeed Inc. is encouraging its newsroom to produce more articles in an effort to boost traffic, as its news division continues to lose money and the digital publisher braces for continuing ...