News Website: News and Job Losses

news website: A spokesperson declined to comment on whether there would be further job losses in the UK office, amid speculation that the company's news operation is facing budget cuts to secure its long-term future, according to The Independent. The Buzz Feed editor-in-chief, Ben Smith, told staff in an email that the company remained committed to the UK following Gibson's departure. The news website is one of several online outlets targeted at millennials that rose to prominence in the early part of the decade but are now dealing with many of the same tough challenges that have plagued traditional media businesses. He said We'll miss her personally and as an organisation but I'm also confident that she leaves our British news operation with extraordinary momentum at this wild time. An announcement on who will lead the UK office will be made before Gibson departs in a month's time, although no decision has been made on whether this will be an internal or external appointment. Gibson, a former deputy editor of the Guardian, joined Buzz Feed UK in 2015. (news.financializer.com). As reported in the news.

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