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Los Angeles Times
Los Angeles Times
Business
Stephen Battaglio

BuzzFeed News is shutting down as company cuts 15% of staff

BuzzFeed BuzzFeed News Jonah Peretti Ben Smith

BuzzFeed News, which won a Pulitzer Prize for its reporting in 2021, is shutting down.

A memo from BuzzFeed chief Jonah Peretti announced the closure of the once formidable unit Thursday. Peretti also said the New York-based media company is cutting 15% of its staff.

"While layoffs are occurring across nearly every division, we've determined that the company can no longer continue to fund BuzzFeed News as a standalone organization," Peretti said.

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