Rejected three weeks after Barzfeed acquired HuffPost, media outlets founded The Huffington Post in 2005 from Verif Media.
Buzzfeed announced on Tuesday that it had removed 45 journalists, editors and producers from the newly acquired HuffPost.
HuffPost’s executive editor Hilary Fray, the website’s executive editor, and executive editor Louise Rugh also resigned over the layoffs, Buzzfeed said.
Rejected three weeks after Barzfeed acquired HuffPost, media outlets founded The Huffington Post in 2005 from Verif Media.
“We never got a fair shot to prove our worthiness,” HuffPost Union said in a statement.
According to excerpts released by the company, Buzzfeed CEO Jonah Peretti told employees in a meeting that “we will start rebuilding HuffPost today to create a faster path to its profitability.” Unfortunately this includes staffing shortages, and a number of talented colleagues will be hired over the next few days. “
Mr. Peretti stated that “the deficit was more than $ 20 million last year, and this year will be similar without intervention. Although BuzzFeed is a profitable company, we do not have the resources to support the two-year deficit.”
HuffPost Canada will be closed as part of the reorganization.
The union said the layoffs included about 30% of the membership.
“We are devastated and maligned, especially after an exhausting year of covering up an epidemic and working from home,” the union statement said.
Many of the scheduled employees were losing their jobs after years of tenure on social media, and objected to the way they were told that the password for entering a remote meeting was “spring is here,” Blinded them. What will come later
Reporter Rovida Abdelaziz called it “an absolute brutal and cruel day at HuffPost. I’m speechless.”
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