Skip to content
CityAM
Main navigation
Download App
  • News
    • Latest News
    • Business
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2023
  • Opinion
    • Opinion
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • 10 smart ways to level up your business
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • Rugby World Cup hub sponsored by City Index
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Buzzfeed

  • Buzzfeed slashes team by 12 per cent in bid to save cash

    buzzfeed lost buzz

    Buzzfeed will cut 12 per cent of its headcount in a desperate push to slash costs in the face of economic uncertainty. In a note written to staff, the firm said revenues had been battered by a “combination of worsening macroeconomic conditions, and the ongoing audience shift to vertical video”. “That requires us to lower [...]

  • Sink or swim: The peril of floating as an online media firm

    FEATURE

    The excitement surrounding Buzzfeed’s IPO was palpable. It had a loyal following of millennials, millions of investment, and a private-market value of around $1.7bn (£1.4bn). Last summer, Buzzfeed founder and CEO Jonah Peretti said the float was about “taking the next step in BuzzFeed’s evolution, bringing capital and additional experience to our business”. He said [...]

  • Buzzfeed runs out of buzz as losses swell and time spent on sites dwindle

    buzzfeed

    Losses continue for media giant Buzzfeed as the firm struggles to gain momentum following its market debut last year.

  • BuzzFeed News’ top editors step down following major job cut plans

    March 22, 2022

    BuzzFeed News editor-in-chief Mark Schoofs, as well as two other top editors, have stepped down this afternoon following internal announcements that job cuts were coming across the board.

  • Buzzfeed UK revenue falls as pandemic hits digital advertising

    April 12, 2021

    Buzzfeed UK’s revenue dropped last year as the online media group battled the impact of the Covid-19 pandemic on the online advertising market. The website’s UK division, which also covers its international operations outside the US, posted a 16 per cent decline in revenue to £18.9m in 2020. However, Buzzfeed said an aggressive cost-cutting strategy [...]

  • UK HuffPost office next on Buzzfeed’s chopping block

    March 12, 2021

    A total 16 full time journalists working at HuffPost in London are at risk of losing their job, as BuzzFeed begins consulting on plans to slim down Huffpost “operations” in the UK and in Australia. More than half of the 29 HuffPost journalists working in the London office have been informed they face redundancy, the [...]

Trending Articles

  • London house prices are falling - these are the boroughs where prices are down the most

  • Uber: EU rules will see us pull out of "hundreds" of European cities

  • Horizon 22: Europe's highest free viewing gallery opens doors next week

  • H&M follows Next, Zara and Boohoo to charge shoppers for online returns

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited

Your news your way

Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.

By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.