Topic - Jonah Peretti

BuzzFeed CEO Jonah Peretti said in a memo to employees Wednesday, Jan. 23, 2019, that the layoffs will help BuzzFeed avoid having to raise money from investors again.

"While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization," he said.

What's the buzz? Not much from closing BuzzFeed News →