The company’s new owner, Byron Allen, is cutting roughly 180 employees as he looks to reduce its financial losses.

Billionaire Byron Allen bought a majority stake in BuzzFeed earlier this year. The media company, known for its eccentric ...

BuzzFeed is slashing its workforce on the heels of the digital media company’s deal to sell a controlling ownership stake to ...

Two months after Byron Allen closed his purchase of BuzzFeed, the online publisher said it plans to cuta hefty 35% of staff ...

The move marks a major restructuring at the Byron Allen-controlled media company.

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EXCLUSIVE: BuzzFeed Studios and vertical video firm MuVpix are going big on microdrama production. The pair has entered into ...

BuzzFeed, the archetypal new media company of the 2010s, announced last week that it was shutting down its news division. In 2012, the small “web buzz” start-up started hiring reporters. The newsroom ...

After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...

There have been very few digital media companies to grace CNBC's annual Disruptor 50 list in its 10 year history, in part because it is such a difficult business to make money in. BuzzFeed, which made ...