Buzzfeed News is shutting down, and journalists took to social media last night to mourn its loss.
Started 12 years ago, the news division of media company Buzzfeed has won a Pulitzer Prize and a George Polk Award. A memo sent to staff by Buzzfeed CEO and cofounder Jonah Peretti confirmed that the company will slash about 15 percent of its workforce – about 180 people of its current staff of 1,200. In December last year, the company had also announced a layoff of 12 percent of its staff.
