We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
BuzzFeed plans to reduce its U.S. staff by 8%, with all the cuts coming from the business and sales side of the organization. Some editorial staffers and business-side employees in the U.K. will also be let go. The company is also moving to create a number of new lifestyle verticals modeled after its food product, Tasty, and will put increased resources into its e-commerce business and focus more on outside development deals for its film and TV arm. —
Tags:
banner advertising,
BuzzFeed,
BuzzFeed Studio,
digital media,
e-commerce,
layoffs,
native advertising,
programmatic advertising,
Tasty