BuzzFeed News is CLOSING after owner Jonah Peretti admitted progressive site was losing money
BuzzFeed is AXING its news division after it lost $10m a year as part of cuts which will see 15% of staff slashed across site CEO Jonah Peretti announced the closure of the news division on Thursday Some employees will be offered jobs at HuffPost – which is now profitable BuzzFeed has lost millions in … Read more