BZFD is cutting roughly 35% of its workforce, including employees and dedicated contractors. The restructuring is expected to cost between $
BZFD is cutting roughly 35% of its workforce, including employees and dedicated contractors. The restructuring is expected to cost between $6.5M and $8.5M. BuzzFeed expects the move to generate $29M to $32M in annualized savings, beginning primarily in Q3 2026.
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