Two months after Byron Allen closed his purchase of BuzzFeed, the online publisher said it plans to cut a hefty 35% of staff and dedicated contractors across its brands. “The reduction in workforce plan is intended to advance the company’s path towards profitability and positive cash flow generation by streamlining its organizational structure, optimizing operating […]
Two months after Byron Allen closed his purchase of BuzzFeed, the online publisher said it plans to cut a hefty 35% of staff and dedicated contractors across its brands. “The reduction in workforce plan is intended to advance the company’s path towards profitability and positive cash flow generation by streamlining its organizational structure, optimizing operating […]
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