BuzzFeed News is shutting down, and Vice World News could be next

Chief revenue officer and chief operating officer will depart as company faces challenges

Posted Thursday, April 20, 2023 5:25 pm

Alexandra Bruell and Jessica Toonkel | The Wall Street Journal

BuzzFeed Inc. is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, Chief Executive Jonah Peretti said in a note to employees on Thursday.

The company is laying off about 180 people of its total base of 1,200 employees. Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler are departing, BuzzFeed said.

Mr. Peretti said the company will no longer invest in BuzzFeed News as a stand-alone entity, and will instead focus its news efforts on HuffPost.

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BuzzFeed News is shutting down, and Vice World News could be next

Chief revenue officer and chief operating officer will depart as company faces challenges

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