After Layoffs, BuzzFeed CEO Focuses on Growing Revenue, Diversifying

“Utopia” is the name of the room that BuzzFeed Chief Executive Jonah Peretti uses as his L.A. office, but the last few months have been anything but that. His New York-based start-up, once seen as a potential savior for journalism, cut roughly 220 staffers this year, the latest sign of turmoil in the digital media sector.

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