CASSANDRA OF TECH
Buzzfeed
END OF AN ERA
The era-defining media outlet is closing down its once-famed news arm, CEO Jonah Peretti announced.
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DOWNING TOOLS
The BuzzFeed union has authorized a newsroom strike, saying workers don’t feel valued.
‘SHRINK IN SIZE’
In an email obtained and reviewed by Confider, Mark Schoofs informed staffers that the news operation will “once again shrink in size.”
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‘DEEPLY TROUBLED’
Company bosses are investigating the allegations, but employees found their decision to delete the email from staff inboxes to be both “disappointing and frustrating.”
CARRY EACH OTHER
“We decided as a unit that we were willing to fight for a solution that would let us share the impact... rather than having to say goodbye to a full fifth of our co-workers.”
‘REAL HARDSHIP’
Some staffers, including executives, will see a nearly 25-percent pay cut. CEO Jonah Peretti confirmed he will not take a salary as the crisis continues.
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‘ULTERIOR MOTIVE’
The media outlet accused the tech billionaire of harassing and intimidating a reporter for printing unguarded comments Musk made accusing a critic of being a pedophile.