Gizmodo Media Group Avoids Layoffs After Round of Buyouts

Parent company Univision said there would be budget cuts

Gizmodo Media Group won't have to undergo layoffs. Sources: Getty Images, Gizmodo

Gizmodo Media Group will not lay off people after enough staffers took voluntary buyouts, editorial director Susie Banikarim told employees in a memo today.

@SaraJerde Sara Jerde is publishing editor at Adweek, where she covers traditional and digital publishers’ business models. She also oversees political coverage ahead of the 2020 election.