BuzzFeed CEO Jonah Peretti’s memo announcing the mercy killing Thursday morning and the memo was tweeted out by a media reporter* for the far-left New York Times.
In part, the memo read:
Additionally, I made the decision to overinvest[**] in BuzzFeed News[***] because I love their work and mission so much. This made me slow to accept that the big platforms wouldn’t provide the distribution or financial support required to support premium, free journalism[****] for social media.
Just as we reduced our footprint in NYC last year, we will be reducing our real estate in Los Angeles from four buildings to one[.]
HuffPost and BuzzFeed Dot Com have signaled that they will open a number of select roles for members of BuzzFeed News
As part of today’s changes, both our CRO Edgar Hernandez and COO Christian Bressler have made the decision to exit the company.
Overall, BuzzFeed will cut 15 percent of its 1200-person staff.
(…) In its early days, BuzzFeed News made a cottage industry out of attacking Breitbart News with lies and gossip. You see, they were angry about us telling the truth about them. But the whole thing was biased and dull and doomed from the start. Then, eight or nine years ago, BuzzFeed News fell off the radar entirely until Christian Bressler violated every journalistic protocol ever written to publish the Deep State’s phony Russia dossier on Donald Trump.
Then everyone forgot about BuzzFeed News again. Then Ben Smith left to do business with the Nazis in China, and now it’s finally over. (Read more: Breitbart, 4/20/2023) (Archive)