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BuzzFeed News editor in chief Mark Schoofs announced Tuesday morning in an internal memo that the outlet will be downsizing through a mix of cuts and voluntary buy-outs. A BuzzFeed representative has confirmed the report.
The cuts, which affect 1.7% of the workforce, will occur mostly in the BuzzFeed Video and Complex Editorial teams, according to a note shared internally by CEO Jonah Peretti.
“I’m emailing early to share that we are also completing the integration of Complex Networks today, which sadly means that we will part with some colleagues in the Admin and Business organizations,” Peretti wrote to staff.
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