--- title: "New owner Byron Allen cuts around 180 employees at BuzzFeed, reducing staff by a third to minimize financial losses." type: "News" locale: "en" url: "https://longbridge.com/en/news/293993234.md" description: "Byron Allen, the newly appointed owner of the company, is undertaking a workforce reduction by letting go of around 180 employees in a strategic move to mitigate financial losses." datetime: "2026-07-28T01:16:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293993234.md) - [en](https://longbridge.com/en/news/293993234.md) - [zh-HK](https://longbridge.com/zh-HK/news/293993234.md) generator: "portal-rs" --- # New owner Byron Allen cuts around 180 employees at BuzzFeed, reducing staff by a third to minimize financial losses. Byron Allen, the newly appointed owner of the company, is undertaking a workforce reduction by letting go of around 180 employees in a strategic move to mitigate financial losses. ### Related Stocks - [BZFDW.US](https://longbridge.com/en/quote/BZFDW.US.md) - [BZFD.US](https://longbridge.com/en/quote/BZFD.US.md) ## Related News & Research - [BZFD: Q2 revenue fell 21.8% and a 35% workforce cut targets profitability and growth](https://longbridge.com/en/news/294879504.md) - [Deutsche Bank Just Downgraded Workday Stock. Here's Why.](https://longbridge.com/en/news/296245093.md) - [Lowe’s stock shrugs off weak guidance after a second-quarter earnings beat](https://longbridge.com/en/news/296374202.md) - [BREAKINGVIEWS-BHP's rich-seams pitch gets more convincing](https://longbridge.com/en/news/296183306.md) - [Liberty Live Holdings (LLYV.K) Reports Wider Quarterly Loss, Is The Premium Still Justified?](https://longbridge.com/en/news/296250641.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**