<!-- wp:html --><p>Reuters</p>
<p>BuzzFeed News is shutting down, the once-iconic media brand’s founder and CEO Jonah Peretti announced in a company-wide memo on Thursday.</p>
<p>“We are reducing our workforce by approximately 15% today across our Business, Content, Tech and Admin teams, and beginning the process of closing BuzzFeed News,” Peretti wrote in the email.</p>
<p><em>This is a developing story...</em></p>
<p><a href="https://www.thedailybeast.com/buzzfeed-news-is-shutting-down">Read more at The Daily Beast.</a></p><!-- /wp:html -->
BuzzFeed News is shutting down, the once-iconic media brand’s founder and CEO Jonah Peretti announced in a company-wide memo on Thursday.
“We are reducing our workforce by approximately 15% today across our Business, Content, Tech and Admin teams, and beginning the process of closing BuzzFeed News,” Peretti wrote in the email.