BuzzFeed News announced on Tuesday that its editor in chief is stepping down and the company is offering buyouts to eligible staffers that could turn into layoffs. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted quizzes strives to increase its profitability. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting . FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed Scaling Back In News As Several Editors Depart, Some Layoffs Planned. State of play: Digital media companies that were considering SPAC deals had been watching BuzzFeed's stock market debut, as Axios' Sara Fischer wrote in November. "Today, our unit came together and voted overwhelmingly to authorize a strike," read a Twitter post by the BuzzFeed News Union. Members of the BuzzFeed News team work at their desks at BuzzFeed headquarters, December 11, 2018, in New York City. About a year ago, BuzzFeed CEO Jonah Peretti laid off 70 employees, including 47 HuffPost staffers based in the U.S., in an effort to, as he put it, "drive longterm sustainability." Today, he announced that he will once again be "reducing" his company's workforce in order to "accelerate profitability." Peretti has overseen layoffs several times […] Staffers are bracing for layoffs in the latest downsizing to hit BuzzFeed News, a newsroom now without three top editors. Photo by Bennett Raglin/Getty Images for BuzzFeed Inc.) BuzzFeed, the website that popularized listicles while also . The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. The layoffs separate from the news division will come from BuzzFeed Video and the editorial side of Complex ET. Editor-in-chief Mark Schoofs informed the newsroom that he was stepping down and . "If we conclude that it . In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division Last week the NY Times reported Buzzfeed is being sued by a group of employees who claim they were shorted when the company went public last year. Buzzfeed Layoffs. The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed News' editor-in-chief Mark Schoofs is leaving the company, along with deputy editor-in-chief Tom Namako and executive editor Ariel Kaminer, The Information was first to report Tuesday.The departures were made public the same day that BuzzFeed released its first earnings report as a public company and projected that it would lose money in the current quarter. Shares fell on their first day of trading, however, in part because a number of large investors in the spac —who were unaware of the planned merger with BuzzFeed— pulled their money before the deal was finalized . Top Editors Leaving BuzzFeed News As Layoffs Loom By Kyle Koster Mar 22, 2022 SOPA Images/GettyImages Three top editors are leaving BuzzFeed News ahead of looming cuts to the newsroom, The New York. BuzzFeed is reorienting and shrinking its news division as the digital media company once best known for its lighthearted quizzes strives to increase its profitability. Ted Shaffrey - staff, AP. FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. Then, a prediction on what's to come for private companies across the U.S. Buzzfeed Layoffs. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the . BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division as the digital media company, best known for its lighthearted lists and quizzes, strives to increase its profitability. March 22, 2022 9:00 pm. FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the . BuzzFeed also acquired HuffPost in early 2021, and laid off several dozen of its . FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted lists and quizzes strives to increase its profitability. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the . BuzzFeed CEO Jonah Peretti announced layoffs and voluntary buy-outs to staff on Tuesday morning. Buzzfeed Layoffs. BuzzFeed News, which is part of its content division, has about 100 employees and loses roughly $10 million a year, two of the people said. Major changes are underway at BuzzFeed News, including Editor in Chief Mark Schoofs stepping down from the helm and giving way to company-wide layoffs. Mar 23, 2022, 08:19 IST. FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed records a profit but must adapt its business model to include TikTok and Instagram BuzzFeed's first quarterly earnings report since going public came as the company announced leadership . BuzzFeed News editor in chief Mark Schoofs announced Tuesday morning in an internal . Buzzfeed Layoffs. BuzzFeed swung to a $25 million operating loss last year, compared with a $12 million gain in 2020. The layoffs separate from the news division will come from BuzzFeed Video and the editorial side of Complex. FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed also acquired HuffPost in early 2021, and laid off several dozen of its . Companywide workforce reductions at the digital publisher . Getty Images. BuzzFeed: Submissions Information - Writers Write BuzzFeed, Inc. is an American Internet media, news and entertainment company with a focus on digital media.Based in New York City, BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III to focus on tracking viral content. The tech-heavy Nasdaq jumped 2 percent. March 29, 2022. Buzzfeed Layoffs. Also, Ben and Justin Smith announce the name of their new venture and more impressive donations from MacKenzie Scott. The newsroom shop voted in a bargaining session midday Tuesday, in a meeting attended by 90 percent of . BuzzFeed cutting jobs, top editors leaving news division. The top editor at BuzzFeed News has resigned as the digital-media company cuts staff and projects it will lose up to $20 million this quarter. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news. BuzzFeed's Top 3 Editors Resign as Layoffs Loom: Read Editor-in-Chief's Letter to Staff by Jethro Nededog | March 22, 2022 @ 7:02 AM The head of BuzzFeed News and two other top editors are departing the company ahead of cuts to the newsroom. Advertising revenue grew 37% year-over-year to $205.8 million; Content revenues grew 9% to $130.2 million; Commerce revenues . 2 min read. Mar 22, 2022 Updated 8 min ago 0 FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. BuzzFeed's Top 3 Editors Resign as Layoffs Loom: Read Editor-in . The company is offering voluntary buyouts for reporters working in investigations, inequality, politics or science in an attempt to accelerate profitability for BuzzFeed News. (Ted Shaffrey/AP) When . Dozens of layoffs were made after . FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. The union representing journalists in BuzzFeed's news division have overwhelmingly voted to strike just days after three of the site's top editors resigned — with buyouts and layoffs likely at the money-losing operation. March 22, 2022 Updated 12:46 p.m. Mar 22, 2022 Updated 5 min ago. STATEMENT: BUZZFEED NEWS UNION RESPONDS TO ANNOUNCEMENT OF NEWSROOM CUTS. Ted Shaffrey - staff, AP. 1 hours ago Read more. "Today, our unit came together and voted overwhelmingly to authorize a strike," learn a Twitter put up by the BuzzFeed News Union. ‎Show Pivot, Ep Buzzfeed Layoffs, SCOTUS Confirmation Hearings, and MacKenzie Scott's Donations - Mar 25, 2022. BuzzFeed's 4Q revenue increased 18% but its earnings before . Mar 23, 2022, 1:13 AM BuzzFeed announced job cuts as it posted its first set of earnings as a publicly listed company. BuzzFeed is an American internet media and news company that . BuzzFeed News announced on Tuesday that its editor in chief is stepping down and the company is offering buyouts to eligible staffers that could turn into layoffs. By Aidan McLaughlin Mar 22nd, 2022, . More than 90% of The NewsGuild of New York . In news announced Tuesday, March . a group of pop culture sites BuzzFeed acquired last year. In news announced Tuesday, March . BuzzFeed is an American internet media and news company that . Mark Schoofs, who had been editor-in-chief since 2020 . March 29, 2022. 0. . BuzzFeed cutting jobs, top editors leaving news divisionBy TALI ARBELAP Business WriterThe Associated Press. For Immediate Release: March 22, 2022. BuzzFeed News union votes to strike as job cuts loom By Ariel Zilber March 29, 2022 3:13pm Updated BuzzFeed News journalists voted to strike on Tuesday -- just days after the divison's top editor. The layoffs separate from the news division will come from BuzzFeed Video and the editorial side of Complex. Editor in Chief Mark Schoofs . Brendan McDermid/Reuters. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the . Now that . Buzzfeed Layoffs. "The next phase is for BuzzFeed News is to . Породична медицина: +387 57 490-300; Служба хитне медицинске помоћи: +387 57 223-256; Управа: +387 57490-310 ; Фах:+387 57 490-312 The New York-based company is offering voluntary buyouts in its high-profile, 100-person newsroom and some top editors are leaving. Buzzfeed Layoffs. Major changes are underway at BuzzFeed News, including Editor in Chief Mark Schoofs stepping . FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the digital media company. When it agreed last June to go public in a deal with a blank cheque company, BuzzFeed told potential investors its revenue would soar to $521mn in 2021, $654mn in 2022, and $1.1bn in 2024, driven . In news announced Tuesday, March 22, 2022, BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted quizzes strives to increase its profitability. The editorial changes are occurring as the company reported a Q4 revenue increase of 18% to $145.7 million, reaching a total revenue of $398 million in 2021 in its first earnings announcement for quarterly and full fiscal year results since acquiring Complex Networks and trading publicly in December 2021.. New York City-based BuzzFeed was the first digital media property to go public. BuzzFeed also acquired HuffPost in early 2021, and laid off several dozen of its . layoffs Media . BuzzFeed, which made CNBC's inaugural Disruptor 50 list in 2013, started in 2006 with the mission of making viral social media content, including widely shared lists, videos and memes. . Mar 22, 2022 7:41am PT Three BuzzFeed News Top Editors Resign, as Digital Media Company Plans More Job Cuts By Todd Spangler BuzzFeed BuzzFeed News editor-in-chief Mark Schoofs is stepping down,. When it was promoting the merger with the spac, BuzzFeed said it would soon be worth $1.5 billion. ‎Pivot: Buzzfeed Layoffs, SCOTUS Confirmation Hearings, and MacKenzie Scott's Donations on Apple Podcasts ‎Show Pivot, Ep Buzzfeed Layoffs, SCOTUS Confirmation Hearings, and MacKenzie Scott's Donations - Mar 25, 2022. FILE - The entrance to BuzzFeed in New York is seen on Nov. 19, 2020. Over 90% of BuzzFeed News Union vote to approve a strike amidst announcement of newsroom cuts Posted on March 29, 2022 March 29, 2022 Author NewsGuild of New York Categories Bargaining, Featured, Latest News, News, Organizing March 23, 2022. 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