A respected analyst says BuzzFeed's brutal jobs cull shows it is caught in a 'perfect storm' of 4 problems
- 6 years ago
BuzzFeed is one of the most popular websites on the internet.
So, it came a s a surprise when the company laid off 100 employees last year.
Media analyst Douglas McCabe said BuzzFeed is caught in a "perfect storm."
He listed four reasons why the company should be worried.
The reasons include plateauing traffic, restless investors, and a content identity crisis.
BuzzFeed says it is still growing and is "very well-positioned for 2018."
So, it came a s a surprise when the company laid off 100 employees last year.
Media analyst Douglas McCabe said BuzzFeed is caught in a "perfect storm."
He listed four reasons why the company should be worried.
The reasons include plateauing traffic, restless investors, and a content identity crisis.
BuzzFeed says it is still growing and is "very well-positioned for 2018."