BuzzFeed Layoffs 2024: What to Know About the Latest BZFD Job Cuts

It’s been a big day for Buzzfeed (NASDAQ:BZFD), and it’s just getting started. Shares of the popular digital media company are up more than 70% today after the company confirmed the sale of its Complex division to e-commerce giant NTWRK. This $108.6 million all-cash deal is definitely the catalyst that BZFD stock needs to finally start rising again after a difficult year. However, the sale isn’t the only headline that is impacting BZFD stock. The company has also announced plans to lay off 16% of its workfo ...