BuzzFeed Laying Off 35% of Its Employees After Byron Allen Takes Over… | HappeningNow.news

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BuzzFeed Laying Off 35% of Its Employees After Byron Allen Takes Over Company

BuzzFeed is slashing its workforce on the heels of the digital media company’s deal to sell a controlling ownership stake to entrepreneur…

Source Variety AI Summary Updated 53m ago
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Read time 1 min ~56 words

AI Summary

BuzzFeed is slashing its workforce on the heels of the digital media company’s deal to sell a controlling ownership stake to entrepreneur and comedian Byron Allen. The company disclosed that it is laying off about 35% of its current employees and contractors. “The reduction in workforce plan is intended to advance the Company’s path towards […]

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