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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: 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.