BuzzFeed News will shut down in 'huge loss to journalism'

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BuzzFeed News will shut down in 'huge loss to journalism'
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The Pulitzer Prize-winning digital news website that took the internet by storm roughly a decade ago will now shut down. 9News

The move was part of broader layoffs across BuzzFeed, Peretti said in a memo to staffers on Thursday, with the company moving to slash 15 per cent of its workforce, or 180 employees.

"HuffPost and BuzzFeed Dot Com have signalled that they will open a number of select roles for members of BuzzFeed News," Peretti told employees. The news that BuzzFeed News will shutter prompted an outpouring of messages posted online from former BuzzFeed News staffers who expressed sadness and dismay.

Peretti said in his memo to staffers that the economic environment had played a role in the moves announced Thursday, but he also took part of the blame.

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