Buzzfeed is shutting down. Yes, you read it right. This is true. This is very shocking news. This news is viral on the Internet. People are shocked after hearing this news. This topic has become very interesting now. This news is the most viral topic on all social media platforms right now. This topic is the main headline on all digital news channels today. This news was completely unexpected. This action came as its parent company, BuzzFeed Inc, seeks more cost cuts. Now the public is very curious to know about this whole case. They want to know why Buzzfeed is shutting down. So we are here to solve all your queries.
Why is Buzzfeed News shutting down?
We have done a lot of research on this case. After facing many difficulties during the search, we have collected a lot of information about this shocking case. We are going to tell you everything about this case. We are here to tell you why Buzzfeed News is shutting down so you don’t have to visit any other site to check this case. So, please read the entire article till the end and do not skip any line or paragraph in this article if you want to know each and every aspect of this case. So let’s dive into this article.
Buzzfeed News is Shutting Down was first shared with NBC News via email. We all saw Buzzfeed Inc CEO and Co-Founder Jonah Peretti say the move was part of a total 15% workforce reduction across multiple teams. According to the source, while there are many layoffs taking place, almost all of the decisions and this alone decided that the company can no longer continue to fund BuzzFeed News as an organization. Peretti wrote that they had to invest too much in BuzzFeed News because they love their job and their mission so much.
BuzzFeed News fans are very saddened by this decision. Peretti also wrote that this decision made him slow to accept that all the big platforms would not provide the necessary distribution or financial support to support premiums or free journalism designed specifically for social media. So soon Buzzfeed News will be shut down. Our resources will reveal more information soon. So this was all about this case. We have told you everything about this case. So, stay tuned for PKB news.
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Source: vtt.edu.vn