Culture BREAKING: Buzzfeed News to shut down

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Featured on Apr 20, 2023 by Null: Buzzfeed is downsizing and Buzzfeed News is being closed.
Hannah Nightingale
Apr 20, 2023

On Thursday, Buzzfeed News announced that it would be shutting down, with CRO Edgar Hernandez and COO leaving the company and layoffs being announced.

In an email from Buzzfeed CEO Jonah Peretti, said, "we are reducing our workforce by approximately 15 percent today across our Business, Content, Tech, and Admin teams, and beginning the process of closing Buzzfeed News.

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"Additionally, we are proposing headcount reductions in some international markets," the email added.

Peretti said that Hernandez and Baesler have left the company, with President Marcela Martin taking on "responsibility for all revenue functions effective immediately."

"While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund Buzzfeed News…" Peretti wrote.

Peretti stated that "HuffPost and Buzzfeed Dot Com have signaled that they will open a number of select roles for members of Buzzfeed News. These rules will be aligned with those divisions’ business goals and match the skills and strengths of many of Buzzfeed NEws’s editors and reporters."

"We raised this idea with the News Guild this morning and look forward to discussing it further. Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience."

Peretti explained that the decision to shut down the news branch of the company came about because of the pandemic, "a fading SPAC marked that yielded less capital, a tech recession, a tough economy, a declining stock market, a decelerating digital advertising marked and ongoing audience and platform shifts."

"Dealing with all of these obstacles at once is part of why we’ve needed to make the difficult decisions to eliminate more jobs and reduce spending," he added.

This is a breaking story and will be updated

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I haven't seen a version of this posted yet.
Kill journalists. Behead journalists. Roundhouse kick a journalists into the concrete. Tar and feather a journalist student in the town square. Crucify lying journalists. Defecate in a journalists work. Launch journalists into the sun. Stir fry journalists in a wok. Toss journalists into active volcanoes. Urinate into a journalists gas tank. Judo throw journalists into a wood chipper. Twist journalists heads off. Report journalists to the FBI. Karate chop journalists in half. Curb stomp on scene journalists reporting. Trap journalists in quicksand. Crush journalists in the trash compactor. Liquefy journalists in a vat of acid. Eat journalists . Dissect journalists. Exterminate journalists in the gas chamber. Stomp journalists skulls with steel toed boots. Cremate journalists in the oven. Lobotomize journalists. Mandatory execution for journalists. Grind journalists students in the pulp mill. Drown journalists in stacks of paper. Vaporize journalists with a ray gun. Kick retired journalists down the stairs. Feed journalists to alligators. Slice journalists with a katana.
Please follow all applicable laws while doing this.
 
I don't know what Buzzfeed was thinking when opening a news section. Before they got into politics, Buzzfeed was known for their shitty, normie, gay, clickbait personality tests (WHAT FLAVOR OF ICE CREAM WOULD YOU BE? --- Gay shit like that) that was popular with high school girls and middle-aged Facebook moms. Apparently, that therefore meant that they were a credible news source.

Lest we forget: Buzzfeed News published the Steel-PissGate-Dossier on Trump, which not even typical MSM news sources (NYT, CNN, MSNBC, etc.) would deem credible or publish.

Good riddance, #learntocode
 
What do you guys think about the future of journalism? I’ve talked to some folks in media and I always tell them that people are seemingly leaning towards influencers and content creators on youtube than them, because corpo journos capitulate to sponsors. They don’t seem to like it when I tell them that. Media seems to be a dying medium, at already a senile extreme.
 
Da Brony Unchained said:
What do you guys think about the future of journalism? I’ve talked to some folks in media and I always tell them that people are seemingly leaning towards influencers and content creators on youtube than them, because corpo journos capitulate to sponsors. They don’t seem to like it when I tell them that. Media seems to be a dying medium, at already a senile extreme.
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They did it to themselves by constantly lying or lying by omission.
 
Should have stuck with pumping out useless garbage about the 30 nostalgic things about the 90s or Pokemon nerds are the in thing. Buzzfeed day one rubbed me the wrong way for some reason. Maybe because they came off snobby and attempted to be so "in touch" when they were out of touch bourg assholes.

How do they fuck up so bad? Never get into politics when the whole purpose of writing dumb articles from some overrated site only pumps gloat articles or "nerds are the so in thing". I don't even remember when they "cared about nerds". It all came off as stats. So glad one portion of ButtFuck is offed. If anything, despite Maddox being such a massive sellout and a cuck, he had a point. ButtFuck can drown.
 
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