After Layoffs, BuzzFeed CEO Focuses on Growing Revenue, Diversifying

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“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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