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When the media mogul Byron Allen took a controlling stake in BuzzFeed in May—becoming its CEO and chairman—it was his latest bold bet in a volatile media landscape. The Allen Media Group founder ...

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BuzzFeed is slashing its workforce on the heels of the digital media company’s deal to sell a controlling ownership stake to entrepreneur and comedian Byron Allen. The company disclosed that it is ...

Two months after Byron Allen closed his purchase of BuzzFeed, the online publisher said it plans to cut a hefty 35% of staff and dedicated contractors across its brands. “The reduction in workforce ...

BuzzFeed will lay off approximately 180 employees across BuzzFeed, HuffPost and Tasty in the first major restructuring since Byron Allen took control of the digital media company earlier this year.

The move marks a major restructuring at the Byron Allen-controlled media company. By Erik Hayden Executive Editor, Business In the first major restructuring move of Byron Allen‘s ownership tenure, ...