BuzzFeed to cut 12% of its workforce

BuzzFeed on Tuesday announced plans to cut its workforce by nearly 12%, or around 180 staffers.

The digital media company said the decision to lay off staff comes in response to challenging economic conditions, its acquisition of Complex Networks and an ongoing audience shift to short-form, vertical video.

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

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