BuzzFeed is about to make a third of its UK staff redundant
BuzzFeed to layoff more than 40 of its 140 British staff.
BuzzFeed UK’s wage bill stands at £10 million.
The website’s audience has dropped 20% in two years, according to Comscore.
BuzzFeed is about to make just under a third of its British staff redundant as part of a cost-cutting programme.
The website’s London workforce was briefed on the plans on Thursday evening. Its media and politics reporter Mark Di Stefano tweeted that 45 of the bureau’s 140 editorial and commercial staff will lose their jobs.
That is more than double the number mooted last week. Editor Ben Smith said “20 …read more
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