BuzzFeed Laying Off 35% of Its Employees After Byron Allen Takes Over Company
BuzzFeed is laying off 35% of its workforce on the heels of its deal to sell a controlling ownership stake to entrepreneur and comedian Byron Allen.
Byron Allen Closes BuzzFeed Acquisition, Says Company Is Now ‘Officially Chasing YouTube’
Byron Allen now is the majority owner of BuzzFeed -- the struggling digital media player that Allen plans to use to launch a free-streaming platform that he imagines will rival…