BuzzFeed Laying Off 35% of Its Employees After Byron Allen Takes Over Company
At a glance
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
- Primary source
- Variety — Read original article
- Published
- Topic
- Culture
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 […]
This summary comes from Variety. Read the full article at the original source.
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