BuzzFeed will close news division

3 min read

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15 percent of its staff across the company, adding to layoffs made earlier this year.

BuzzFeed has approximately 1,200 total employees, according to a recent regulatory filing.

In a memo sent to staff, co-founder and CEO Jonah Peretti said that in addition to the news division, layoffs would take place in its business, content, tech and administrative teams. BuzzFeed is also considering making job cuts in international markets.

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