BuzzFeed Plans to Cut 12% of Workforce as Challenges Mount

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BuzzFeed Plans to Cut 12% of Workforce as Challenges Mount
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BuzzFeed plans to cut 12% of its workforce as a result of worsening economic conditions and challenges in the digital-media business, the company said in a securities filing Tuesday

worsening economic conditionsThe cuts will impact just under 180 employees primarily across sales, tech, studio production and BuzzFeed.com, as well as Complex Networks, according to a person familiar with the matter.

BuzzFeed News and HuffPost won’t be affected.
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