Layoffs Begin At BuzzFeed, Could Be Up To 12%

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BuzzFeed has begun another round of layoffs which could result in around 12% of its workforce, or roughly 180 employees behind eliminated from the publisher. CEO, Jonah Peretti cites challenging economic conditions, its acquisition of Complex Networks and an ongoing audience shift to short-form, vertical video as reasons for the layoffs.

The layoffs will affect the sales, production, tech and content divisions for Complex and Buzzfeed, but not BuzzFeed News or HuffPost, according to the company.

Dave Forde

Dave “The Connector” Forde is a 20-year veteran of the Canadian marketing, PR, and tech industries. He is the founder of The Connected One network, including industry news sites Profectio and PR In Canada, and serves as a strategic business advisor. Connect with him on LinkedIn and X.

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