Far-left media website ‘Buzzfeed News’ is shutting down, the company’s Chief Executive Officer confirmed Thursday.
“While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” CEO Jonah Peretti said. “As a result, we will engage with the News Guild about our cost reduction plans and what this will mean for the affected union members.”
BREAKING: BuzzFeed, the digital media company which gained notoriety for publishing the now-debunked Steele Dossier, is being shut down, according to a memo from BuzzFeed Inc. CEO Jonah Peretti. The dossier was funded by @HillaryClinton campaign and used to push the discredited… pic.twitter.com/3WfNwTCZ9s
— Simon Ateba (@simonateba) April 20, 2023
Buzzfeed is also affiliated with the Huffington Post.
“HuffPost and BuzzFeed Dot Com have signaled that they will open a number of select roles for members of BuzzFeed News,” Peretti said. “These roles will be aligned with those divisions’ business goals and match the skills and strengths of many of BuzzFeed News’s editors and reporters. We raised this idea with the News Guild this morning and look forward to discussing it further. Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience.”
Buzzfeed gained national attention in 2016 when the outlet published 35-pages of the so-called ‘Steele Dossier’ with unfounded allegations against Donald Trump.