BuzzFeed investors have pushed CEO Jonah Peretti to shut down entire newsroom, sources say - CNBC

BuzzFeed's news organization has about 100 employees and loses roughly $10 million a year, according to people familiar with the matter.

BuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people familiar with the matter describe as broader investor concern that the division is weighing d… [+3641 chars]

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