Corporate profits are up

[Shishirgano9]

“The truth is that big media companies like Disney (who are focused on fighting Netflix) and NBCUniversal (who don’t know what they’re focused on) aren’t buying. Four years ago, if you were a BuzzFeed or a Vox, you just wanted to see NBC as your exit route. Now, that story isn’t as appealing. Worse, if the most promising startups get passed on, what happens to the smaller ones? Like Mic, Refinery29, Mashable, all of which will have to make tough decisions (and some already have, as we’ve seen).”

(Let's not forget, this is happening at a time when morocco cell phone number list unemployment is at 3.9% , , and economic growth is healthy . The next recession may be mild for the country as a whole, but it won't be mild for the news industry. )

It’s not entirely clear what specific posts BuzzFeed will be cutting (…) . One outlet fears that BuzzFeed News , the company’s investigative and reporting unit , will be hit particularly hard , having been less affected by previous layoffs. Another possibility is international staff reductions. BuzzFeed UK editor-in-chief Janine Gibson announced last week that she was leaving the company . British employees were disproportionately affected by the 2017 layoffs . BuzzFeed confirmed that there would be layoffs at BuzzFeed News and BuzzFeed International, but would not share how they are divided.
(BuzzFeed News has been a finalist for the Pulitzer Prize for international reporting for the past two years .