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CNN is reporting BuzzFeed to Cut 15% of Staff in New Round of Layoffs:
BuzzFeed is preparing to lay off about 15% of its employees. The coming contraction is the latest example of a media company making cutbacks in a difficult operating environment.
The reductions will affect multiple departments, including the news division, according to sources familiar with the matter.
BuzzFeed has about 1,450 employees, so about 220 will be leaving, one of the sources confirmed.
BuzzFeed CEO Jonah Peretti confirmed the sharp cut on Wednesday after reporters from other news outlets began inquiring.
The layoffs, he said in an internal memo, are part of a broader effort to "put us on a firm foundation and allow us to invest and grow sustainably for years to come."
After "extensive work" in the past few months, "we've developed a good understanding of where we can consolidate our teams, focus in on the content that is working, and achieve the right cost structure to support our multi-revenue model," Peretti wrote.
As Google and Facebook gobble up an increasing share of on-line advertising sales, what do on-line services have to do in order to survive?
(Score: 3, Disagree) by VLM on Thursday January 24 2019, @08:28PM (13 children)
They went harder left politically... leftward tilt is always associated with decline and failure; exact relationship of cause and effect unknown, officially. They're very often associated, where you find one you very often find the other.
(Score: 5, Insightful) by Snow on Thursday January 24 2019, @08:42PM (12 children)
... And that is why the very conservative middle-east is a bastion of stability, freedom and economic growth while Scandinavia is a poverty-struck shithole.
(Score: 0) by Anonymous Coward on Thursday January 24 2019, @09:01PM (2 children)
https://en.wikipedia.org/wiki/List_of_countries_by_intentional_homicide_rate#By_country [wikipedia.org]
Saudi Arabia '15 - 1.50
Palestine '16 - 0.69
UAE '16 - 0.89
Qatar '16 - 0.38
Jordan '16 - 1.55
Sweden '16 - 1.08
Finland '16 - 1.42
Norway '16 - 0.51
I think all we can learn from this is that the middle east probably has a big fake news problem with reporting its official stats. Wonder whether the Saudis count honor killings or the stoning of women to death as intentional homicides. I can see UAE and Qatar having low crime as they seem pretty totalitarian.
If those ME numbers end up being accurate (which I question highly) it would make most of the ME safer than big cities in the US and Russia.
(Score: 2) by Mykl on Thursday January 24 2019, @10:32PM
I agree that the homicide rate is a good general-purpose measure of 'safety', however as you point out it can sometimes be a little misleading.
In addition to exemptions for 'honor killings' and other unreported deaths, I would imagine that there are a number of other crimes that could be far higher in the ME than in western nations - for example, domestic violence, imprisonment without charge, torture, etc. I think those should be factored in when assessing overall 'safety' of a country.
(Score: 2) by FatPhil on Friday January 25 2019, @11:12AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 3, Insightful) by Anonymous Coward on Thursday January 24 2019, @09:12PM (8 children)
Trump's fall from *cough* "grace" is really doing a number on these Trumptards. Their political propaganda has become a mantra, the only thing keeping their brain together as it maintains the anti-reality world views. They backed Trump so much and their personal identity is so closely tied to being self-sufficient independent SUPER SMART telling-it-like-it-is that admitting they were wrong is worse than death. Thus why we see the increase in violence from far right extremists and denials of obvious reality.
I will reiterate this again, I understand why they voted for Trump, and EVEN NOW they could regain some respect if they would just face reality instead of doubling down supporting that criminal shithead. The wall is stupid, selfish tax cuts are stupid, hating universal healthcare is stupid, the shutdown is stupid. Those are all facts backed up by current real world evidence. Get on board the reality train or continue to be marginalized as "idiots".
(Score: 2, Touché) by Anonymous Coward on Thursday January 24 2019, @09:39PM
No thanks, the reality train is headed to infinite war and fiscal suicide, I'll stay at this stop thank you very much.
(Score: 4, Insightful) by hemocyanin on Thursday January 24 2019, @10:59PM (4 children)
Trump sucks but Democrats have gone insane: https://medium.com/@caityjohnstone/new-poll-us-military-occupations-supported-by-far-more-democrats-than-republicans-95cd361ee659 [medium.com]
(Score: 2, Insightful) by Anonymous Coward on Friday January 25 2019, @12:38AM (1 child)
Oh, don't get me wrong I'm not saying trust the Dems, most of them are what Republicans were 20 years ago. The politicians are mostly crap, the average liberal voter's platform is not.
Universal healthcare, fix the tax brackets. That is a good start.
(Score: 1, Insightful) by Anonymous Coward on Friday January 25 2019, @01:52AM
What if I told you the democrats have not changed one bit and neither have the republicans. That is a lie the democrats like to tell themselves.
Remember what the democrat party said about republicans in the early 1900s. It is for the negro and rich people. They use labels to demonize the others and call themselves the progressive party. They are the party of slavery. Nothing they have done recently will change my mind of that. Hell just today they voted down paying people. Just to 'resist'. It is not about helping you. It is about abusing their power. I can count on a republican to sometimes be wrong. I can always count on a democrat to always chose the wrong thing.
(Score: 3, Interesting) by FatPhil on Friday January 25 2019, @11:35AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 1) by Ethanol-fueled on Friday January 25 2019, @03:12PM
The Democrats are going insane because their leadership are some combination of Jewish and Alzheimer's. People tend to get really crabby when the dementia starts setting in.
You wanna know where Ruth Bader Ginsburg is? Pelosi flew her back to her beloved Isreal, where Ruth can peacefully pass away in the country she spent her life spying and fighting for, the only country she ever loved.
(Score: 0) by Anonymous Coward on Friday January 25 2019, @02:44AM
I'm sick and tired of seeing posts by whining little bitches like you.
I sincerely hope you get terminal cancer this year and that the pain is so severe that morphine doesn't cut it.
THEN you'll have a real reason to whine, you worthless little BITCH.
(Score: 3, Interesting) by FatPhil on Friday January 25 2019, @11:31AM
When does nasa.gov expire, I need a new domain...
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves