BuzzFeed's Experimental Era Is Over
from New York Magazine
Last week, news leaked that BuzzFeed, the site that largely ushered in the era of "viral media," was planning a significant number of layoffs. The cuts aim to eliminate 15 percent of the company's operating budget, amounting to roughly 200 layoffs spread across the site's many departments, including the news division, the non-journalistic editorial department responsible for lists and quizzes, and the creative department that worked with advertisers.
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