Buzzfeed announces 15% of workforce to be fired. Lololol

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BuzzFeed is laying off 15 percent of its workforce, about 215 people, sources tell The Hollywood Reporter.
CEO Jonah Peretti sent a memo to staffers with the subject line "Difficult Changes" on Wednesday night in which he explained that efforts to diversify revenue weren't enough to help the company achieve profitability. "Unfortunately, revenue growth by itself isn't enough to be successful in the long run," he wrote. "

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