BuzzFeed News Is Shutting Down, Here's What You Need To Know

BuzzFeed CEO and Founder Jonah Peretti has announced in a company memo that BuzzFeed News will be shutting down, as first reported by The Daily Beast. "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,” the CEO revealed in an email.