Biden-Era Layoffs Decimate Media Industry

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The Biden era is wreaking havoc on the media industry. BuzzFeed on Tuesday announced dozens of layoffs at HuffPost, just weeks after acquiring the liberal website from Verizon Media.

The downsizing, which will affect 47 of the 190 HuffPost employees based in the United States, was designed to “fast-track the path to profitability,” BuzzFeed CEO Jonah Peretti told staff members. Additionally, HuffPost Canada will be shut down, affecting all of its 23 employees.

The HuffPost union said 33 of its members, about a third of its total membership, were laid off. “We are devastated and infuriated, particularly after an exhausting year of covering a pandemic and working from home,” the union said in a statement. – READ MORE

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