Meanwhile, the company's stock is struggling, revenue is in free fall, and editorial ambitions remain hazy.
In an internal memo to staff obtained by Variety, Vox CEO Jim Bankoff said the layoffs were a result of "the challenging ...
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 ...
Layoffs at some of the country’s most prestigious companies are the latest sign that no one’s job is ever really safe.
But now the e-commerce giant is shuttering all of its automated Amazon Go convenience stores in San Francisco, which ...
In an interview with TheWrap, he pointed out that BuzzFeed News is just one part of a larger media company. And the December layoffs mostly didn’t affect employees of BuzzFeed News, HuffPost and ...
Though he created the images for fun, Xavier tells Buzzfeed he had instant regrets once they went ... teams dedicated to ...
were impacted by the layoffs. Buzzfeed: 12% of staff, or 180 people BuzzFeed on December 6 laid off 12% of staff or 180 people, citing challenging economic conditions, opportunities to consolidate ...
We can safely assume that AI can very well can lead to the displacement of some jobs. Buzzfeed layoffs were almost at the same time during its new deal with OpenAI to leverage ChatGPT for its ...
Meta shares gained 6% after CEO Mark Zuckerberg said Tuesday the social media company plans to cut 10,000 employees. The ...
