One of the sources said the layoffs will affect 15% of the company’s workforce. The reductions will involve multiple departments, including the news division.
Staffers have been bracing for bad news for days. Employees had learned senior editors were being flown into BuzzFeed’s New York City offices and cuts to staff were widely speculated about internally.
BuzzFeed has about 1,450 employees, so about 220 will be leaving, the source confirmed.