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The news and culture publisher BuzzFeed Inc., which houses the editorial titles BuzzFeed News, Complex and HuffPost, announced Tuesday that it is laying off around 12% of its workforce, or roughly 180 employees, according to a memo from chief executive Jonah Peretti obtained by Adweek.
The layoffs, which primarily affect Complex Networks, BuzzFeed.com and overlapping roles in sales, technology and studio production divisions, come amidst a series of sweeping cuts throughout the media industry.
Prompted by a downturn in the advertising market, BuzzFeed Inc.