If things get particularly bad, BuzzFeed does have a credit facility. In Q4, for example, it borrowed $5 million. With all of this in mind, it’s clear that while BuzzFeed is still very much a ...

BuzzFeed has also had its share of layoffs, having recently announced it will eliminate around 12 percent of its workforce — about 182 of 1,522 staffers — as the company’s revenue has been ...

were impacted by the layoffs. Buzzfeed: 12% of staff, or 180 people BuzzFeed on December 6 laid off 12% of staff or 180 people, citing challenging economic conditions, opportunities to consolidate ...

“Our Mandate Was to Take the Biggest Possible Swings”: With the Wind Out of Its Sails, a Battered BuzzFeed News Forges On The site’s prized investigations unit is disbanding and dropping its ...

Layoffs at some of the country’s most prestigious companies are the latest sign that no one’s job is ever really safe.

Peretti said that the layoffs were partially necessary to finalize the integration with Complex and "consolidate and centralize some areas where we've had duplication." This put BuzzFeed in the ...

Meta shares gained 6% after CEO Mark Zuckerberg said Tuesday the social media company plans to cut 10,000 employees. The ...

BuzzFeed stock opened at just $0.92 per share on Wednesday. That is a 92% decline from its debut price of $10.95 per share on Dec. 6, 2021. Here’s why the under-a-dollar stock price is dangerous.

The tech industry has seen a string of layoffs in the face of uncertain economic conditions. Meta announced a fresh round of cuts on Tuesday, impacting 10,000 employees. Layoffs come as digital ...

Note: This story originally published on Dec. 1, 2022 and included an interview with layoffs.fyi creator Roger Lee. It was updated on March 15 with new data and information on layoffs in the tech ...