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BuzzFeed cuts 35% of staff, laying off about 180 workers

Published 29 July 2026

BuzzFeed, the digital media company, announced a major restructuring this week, laying off approximately 35 percent of its workforce in a move to cut costs and pursue profitability. The cuts eliminate about 180 employee and contractor roles across BuzzFeed, its news site HuffPost, and its recipe publisher Tasty.

The layoffs were confirmed in a filing with the U.S. Securities and Exchange Commission and represent the first major shakeup since media mogul Byron Allen took control of the company in late May. According to the company's latest annual report, BuzzFeed had 507 employees across five countries as of December 31, 2025. An internal memo to staff described the decision as a necessary step, stating that the company had worked to save as many jobs as possible but that the elimination of certain roles was still required.

Financially, the company expects to incur restructuring charges between $6.5 million and $8.5 million, with most expenses recorded in the third quarter of 2026. In return, BuzzFeed anticipates the move will generate annual savings of $29 million to $32 million, improve cash flow, and accelerate its path to profitability. The company is scheduled to report its...

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