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BZFD / BuzzFeed to cut 12% of staff, citing possible downturn that could extend 'well into 2023'

BuzzFeed to cut 12% of staff, citing possible downturn that could extend 'well into 2023'
BuzzFeed Inc. BZFD, -3.51% on Tuesday said it planned to cut roughly 12% of its staff, citing a shift to video content and the prospect of a downturn that could extend "well into 2023," Chief Executive Jonah Peretti said in a message to employees. Read More
Posted: Dec 6 2022, 12:41
Author Name: Market Watch
Views: 110237

BZFD News  

BuzzFeed stock: The sad transition from a unicorn to a penny stock

By Invezz
September 22, 2023

BuzzFeed stock: The sad transition from a unicorn to a penny stock

BuzzFeed (NASDAQ: BZFD) has had a dramatic collapse from a disruptor in the media space to a company on the verge of collapse. Its stock has crashed f more_horizontal

BuzzFeed, Inc. (BZFD) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 12, 2023

BuzzFeed, Inc. (BZFD) Q2 2023 Earnings Call Transcript

BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti more_horizontal

Bad News Will Actually Be a Boost for These 3 Troubled Tech Stocks

By InvestorPlace
July 31, 2023

Bad News Will Actually Be a Boost for These 3 Troubled Tech Stocks

While we've all heard the phrase bad news is good news in the capital markets, for certain tech stocks rising from adversity, the adage may yield cons more_horizontal

Report: BuzzFeed Looking to Sell Complex Networks Websites for $150 Million

By PYMNTS
July 5, 2023

Report: BuzzFeed Looking to Sell Complex Networks Websites for $150 Million

BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for more_horizontal

BuzzFeed: I Bought A Speculative Position

By Seeking Alpha
July 3, 2023

BuzzFeed: I Bought A Speculative Position

BuzzFeed: I Bought A Speculative Position more_horizontal

3 Companies That Are Now ‘Stocks to Buy' Following Layoffs

By InvestorPlace
June 14, 2023

3 Companies That Are Now ‘Stocks to Buy' Following Layoffs

Although it's an uncomfortable topic, job cuts – when performed correctly – could lead to greater efficiencies, which is why investors may want to more_horizontal

3 AI Stocks to Sell in June Before They Crash and Burn

By InvestorPlace
June 5, 2023

3 AI Stocks to Sell in June Before They Crash and Burn

Artificial Intelligence has effectively transformed multiple sectors, but the meteoric rise of AI stocks has raised many eyebrows in financial circle more_horizontal

BuzzFeed is at risk of getting kicked off the Nasdaq because its stock has been performing so badly

By Business Insider
June 3, 2023

BuzzFeed is at risk of getting kicked off the Nasdaq because its stock has been performing so badly

BuzzFeed could get kicked off the Nasdaq because its stock price is so low. The digital media company has until November 27 to raise its price or face more_horizontal


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