BuzzFeed News Editor-in-Chief Mark Schoofs Leaves Before Newsroom Cuts

BuzzFeed News president and two other top editors are leaving the company ahead of newsroom cuts. Mark SchoolsHe, who became editor-in-chief in 2020, said he would resign in an email to staff on Tuesday. He said assistant editor-in-chief Tom Namako and editor-in-chief of investigations Ariel Kaminer will also leave the company. Mr. Namako said in …

BuzzFeed is preparing its IPO amid worker protests.

Shareholders of digital media pioneer BuzzFeed, known for its listings, quizzes, and news segment that won its first Pulitzer Prize this year, voted Thursday to take the company public. The deal that will bring BuzzFeed to the stock market raised less money than initially expected, which could cut the company’s spending and curb its ambitions …

Union employees of BuzzFeed News have been laid off for a day.

As BuzzFeed prepares to go public in the coming days, a move that could mean millions of dollars for its early investors and some current and former employees, not everyone in the company was cheering. On Thursday, union employees at BuzzFeed News, the company’s Pulitzer Prize-winning news division, announced that they were “leaving the job …

BuzzFeed Goes Public. Now what about Vox Media, Group Nine and Vice?

“For us, it’s a matter of ambition and opportunity, and we’re ambitious,” said Jim Bankoff, CEO of Vox Media. “We will consider our options, but we will do so from a strong position.” He wouldn’t comment on financial details or potential deals. Group Nine has been in talks with major publishers, including Vox Media, about …