SCOOP: BuzzFeed is limiting hiring to only critical positions, and will not be adding any new jobs unless there's a business case justification, CEO Jonah Peretti told staff last week.
BuzzFeed only raised around $16.2 million of investor cash in its IPO, alongside $150 million of debt.
BuzzFeed was initially projecting around $95 million in revenue from commerce sales for 2021. It's now projecting a low single-digit percentage decline in commerce sales year-over-year, due to pandemic-related supply chain issues slowing retail sales.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Officials say St. Charles library will reopen once additional security hired following threats over COVID-19 masking policySt. Charles Library officials are working to put security measures in place before they reopen the building, which has been closed since Jan. 20 following backlash over the library's COVID-19 mask policy.
Lire la suite »
How many times can Herschel Walker fumble before he's benched?.MaddowBlog: It's starting to become clear why Herschel Walker's campaign team has tried to limit his public appearances and media interviews.
Lire la suite »
USC Reopens Athletic Events to Full Capacity Following COVID LimitsUSC reopened indoor athletic events to full capacity Monday and resumed regular seating and ticketing procedures.
Lire la suite »
Citi upgrades Netflix and Spotify to buy, says subscription tech stocks look cheapNetflix and Spotify look like buys after a rough few months, according to Citi.
Lire la suite »
Chicago Public Schools moves to follow CDC quarantine guidelines, shortening isolation period'A swift return to in-person instruction gives faculty and students the best opportunity to teach and learn - and thrive amid their school community.'
Lire la suite »
Report slams lockdown parties by Boris Johnson, staffPolitical and public anger at the revelations put Johnson's position as leader under threat following a report on lockdown-breaking parties at British Prime Minister Boris Johnson's offices.
Lire la suite »