BuzzFeed Cutting 15% of Staff

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BuzzFeed Cutting 15% of Staff
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BuzzFeed Cutting 15% of Staff
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BuzzFeed recently announced they will be laying off 15% of their workforce, effective next week. The “click-bait” site employs roughly 1,450 people.  Around 220 employees are expected to be terminated as a result. BuzzFeed has declined to comment on the exact number of employees they intend to layoff.

On Friday, multiple 24-hour news outlets began promoting a story published by BuzzFeed. According to BuzzFeed’s article, information was obtained from Special Counsel Robert Mueller’s team indicating that President Trump had directed his former attorney Michael Cohen to lie to congress. Late Friday night, Robert Mueller’s office responded to the allegations, calling BuzzFeed’s reporting “not accurate.”

News networks began slowly walking back their promotion of the BuzzFeed article. However, many were skeptical of the article prior to hearing the comments from Robert Mueller’s team. BuzzFeed is commonly considered an unreliable source of information.

BuzzFeed has been accused of plagiarism on numerous occasions, and the site commonly uses misleading headlines to grab the attention of the reader. NBC/Universal/Comcast has invested nearly half a billion dollars into BuzzFeed, leading some to accuse the corporate giant of financing fabricated stories. NBC recently announced their partnership with BuzzFeed as part of a new online outlet geared toward young parents.

BuzzFeed’s decision to layoff employees is unsurprising, considering the devastating blow dealt to their organization on Friday. Although, BuzzFeed is commonly ranked among the top 100 most visited sites in the United States, and it remains quite popular. BuzzFeed was founded in 2006.

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