BuzzFeed Cuts 35% of Its Workforce Under New Ownership

BuzzFeed Cuts 35% of Its Workforce Under New Ownership

2026-07-27 companies

New York, Tuesday, 28 July 2026.
Following Byron Allen’s recent takeover, BuzzFeed is laying off 35% of its staff to streamline operations and transition toward a profitable free-streaming model.

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media consolidation corporate restructuring