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BuzzFeed terminates UK and Australian news operations
short by Anushka Dixit / on Thursday, 14 May, 2020
BuzzFeed has decided to terminate news operations in UK and Australia due to economic and strategic reasons and would focus on news in US. Reportedly, about 10 employees from UK and four from Australia have been affected by the move. BuzzFeed's operations except US include UK, Australia, Germany and Brazil, whose revenues fell by 35%, as per a recent filing.
read more at The Guardian