BuzzFeed announced that it was cutting the size of its workforce by 12%, the latest media company to go through layoffs amid worsening economic conditions. In a filing with the SEC, the company cit…
The company said that it expected to incur restructuring charges of $8 million to $12 million per year.
Peretti wrote that they were focusing on eliminating duplicative functions with Complex Networks, which BuzzFeed acquired last year. Peretti wrote, “The path I’m laying out today is the result of a deliberate and collaborative resource allocation review among the leadership team, which prioritizes: Investing in areas that will drive growth, and shifting away from areas with less audience engagement; And, building a more robust creator business, which requires a close conduit between content, business, and tech, and bringing additional skills and tools to the organization.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
12 new characters we want in the MCU's Spider-Man 4 movie | Digital TrendsThere are many new characters Tom Holland's Spider-Man could meet in his upcoming fourth solo film in the Marvel Cinematic Universe. Here are 12 possibilities.
Weiterlesen »
Inside SoCal: The Power of Mobility (12/4)One of the most decorated athletes shares her story on overcoming the odds, and the biggest game changer in orthopedics in decades.
Weiterlesen »
12 taken to hospitals after high carbon monoxide levels detected at Chicago church: CFDTwelve people were taken to local hospitals after high carbon monoxide levels were detected at a South State Street church, Chicago fire said.
Weiterlesen »
What a 12-team College Football Playoff would look like in 2022The College Football Playoff isn't expanding until 2024. But that's not stopping us from wondering what a 12-team playoff would look like in 2022.
Weiterlesen »
Penn State will face Pac-12 champion Utah in the Rose BowlWith Michigan and Ohio State in the CFP picture, the Rose Bowl bid fell to the next-highest-ranked Big Ten team, the Nittany Lions.
Weiterlesen »