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BuzzFeed News shuts down, lays off staff

By Jason Nguyen
Published in Personal Finance
May 12, 2023
1 min read
BuzzFeed News shuts down, lays off staff

As a writer, I was drawn to the recent news that BuzzFeed News has shut down and has decided to lay off staff. The online news publication, which was launched in 2012, had become a major player in the digital media space and had won numerous awards for its reporting.

BuzzFeed News was known for its unique approach to journalism, which combined traditional reporting techniques with a focus on viral content, social media, and online culture. However, despite its popularity, the company has struggled to turn a profit and is now being forced to restructure.

According to reports, the layoff will affect around 10% of the company’s staff, with most of the cuts coming from the news division. The decision to shut down BuzzFeed News comes as part of a broader restructuring effort across the company, which has been struggling to find a sustainable business model.

Despite these challenges, the loss of BuzzFeed News is a major blow to the digital media landscape. The publication was known for its groundbreaking reporting on issues such as sexual harassment and abuse in the entertainment industry, and it helped to elevate the role of social media in modern journalism.

For many writers like myself, BuzzFeed News was a source of inspiration and a reminder of the power of innovative storytelling. Its closure is a reminder that the media landscape is constantly changing, and that we must adapt to stay relevant and successful.


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