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Chicago Sun-Times
Chicago Sun-Times
National
Michelle Chapman | AP Business Writers

BuzzFeed News to be shuttered in corporate cost-cutting move

BuzzFeed BuzzFeed News Jonah Peretti Ben Smith HuffPost Christian Baesler Donald Trump BuzzFeed Inc
BuzzFeed News headquarters in New York. The digital news site was founded in 2011. It drew praise for its sharp reporting. In 2017, BuzzFeed published a “dossier” of unverified information about President Donald Trump that many outlets refused to publish. It won a Pulitzer in 2021 for international reporting. (Associated Press)

Pulitzer Prize-winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that’s shedding about 15% of its entire staff, adding to layoffs made earlier this year.

In a memo sent to staff, Buzzfeed Inc. co-founder and CEO Jonah Peretti said Thursday that in addition to the news division, layoffs would occur in its business, content, tech and administrative teams. BuzzFeed is also considering making job cuts in international markets.

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