Gizmodo Media Group will not lay off people after enough staffers took voluntary buyouts, editorial director Susie Banikarim told employees in a memo today.
“While that is the outcome for which we’d hoped, any relief is bittersweet because it comes with the loss of talented and valued colleagues whose countless contributions will be greatly missed,” Banikarim said. “We will allow them to share their news in their own time and in their own way.”
A source confirmed 44 people took the buyout.
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