BuzzFeed offers buyouts to news division in effort to increase profitability
by Guardian staff and agencies from World news | The Guardian on (#5XDA9)
BuzzFeed News staffers on investigations, inequality, politics and science teams to be offered buyouts as top editors also depart
BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division as the digital media company, best known for its lighthearted lists and quizzes, strives to increase its profitability.
The New York-based company is offering voluntary buyouts in its high-profile, 100-person newsroom and some top editors are leaving. They include Mark Schoofs, the editor-in-chief of BuzzFeed News, and deputy editor-in-chief Tom Namako, who announced a move to NBC News Digital on Tuesday. Ariel Kaminer, the executive editor for investigations, is also leaving.
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