The BuzzFeed thread

Irish

Kingfisher
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Solid irony game in the OP's username also
 

Suits

 
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

For reference, according to Wikipedia, they had 770 employees (as of 2014).
 

Emancipator

Hummingbird
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

They realized Mike Cernovich gave them something worth more views than whatever cat gifs those 100 gave them.

#efficiency
 

Chrome

Sparrow
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Are they the 100 employees with the highest testosterone?
 

Rocha

Ostrich
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

This should go in the positive news thread/lounge.
 

kosko

Peacock
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Buzzfeed wants to go public. Apparently, an IPO has been in the works, but they fucked up their valuation and revenue forecasts. Apparently, this revenue target was crucial to hit as they were about to try and get that big money on the exchange.

Lots of folks had their eye on this as it would have been the first "New Press/Meda" company to go public. Buzzfeed is playing dress up like all the rest of the oligarch companies in the settign fire to employees when they fuck up on earnings. Have to get that practice in of making sure shareholders get their piece... of course.
 

Handsome Creepy Eel

Owl
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Incredible that it takes 700 people to run that steaming pile of shit. We could do it with 70 and still have time to go out and game afterwards.
 

Handsome Creepy Eel

Owl
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Proposed names for this event:

Soy Strikes Back
The Last Soy Boy
Close Encounters of the Soy Kind
S-Men: Soypocalypse
 

Samseau

Owl
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

The clickbait model is slowly dying. Thank God. It had it's era, like yellow journalism once did, but people are wising up to wasting their time on such garbage. Quality > Quantity is becoming the norm. People are talking about this in high level marketing circles. 80% of page views come from 20% of blog posts.
 

IveBeenFramed

Kingfisher
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Samseau said:
The clickbait model is slowly dying. Thank God. It had it's era, like yellow journalism once did, but people are wising up to wasting their time on such garbage. Quality > Quantity is becoming the norm. People are talking about this in high level marketing circles. 80% of page views come from 20% of blog posts.
That pesky Pareto Principle strikes again.
 

balybary

Pelican
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Handsome Creepy Eel said:
Proposed names for this event:

Soy Strikes Back
The Last Soy Boy
Close Encounters of the Soy Kind
S-Men: Soypocalypse
Headline News:

The saddest Soy in the world: oversupply of Soy will burst the bubble?
 

C-Note

Ostrich
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

It's not just blogs like BuzzFeed, but major newspapers like the Failing NYTimes and Amazon WaPo can't afford to pay seasoned journalists, so their staffs are mainly made up of 20s or early 30s soyboys and women who work for peanuts. Thus, they rely on being able to push their political/social agenda through their work to compensate for their poor salaries.

What are these kids supposed to do when they get into their late 40s or 50s? They won't have enough in savings to give them confidence of an adequate retirement and the world of modern journalism doesn't reward senior journalists with six figure salaries anymore, unless they get one of the dwindling spots at a major network.
 
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

^^ Their minds are so filled with delusions I don't see how any of those 'bloggers' or 'journalists' can survive in the real world. Their $14 an hour blogging job will be the golden years of their life which they'll learn the hard way.
 

budoslavic

Crow
Gold Member
RE: BuzzFeed to Lay Off 100 Employees After Missing Revenue Targets

Bumping this thread back up based on the layoff announcements regarding Buzzfeed (I mentioned it in another thread) and now Huffington Post is affected. :banana:

Interesting threads below from Nick Monroe.

@nickmon1112 What's going on with this stuff about reporters from BuzzFeed and HuffPo getting laid off?
Since you asked I’ll vomit out a mini thread
11:57 AM - 24 Jan 2019

"As HuffPost and BuzzFeed shed staff, has the digital content bubble burst?" Fascinating opening paragraph, b/c it tells us this Jonah Peretti guy is responsible for two of the most cancerous sites on Earth http://archive.is/oSmap


"Writing a book about suicide. HuffPost reporter." http://archive.is/k9B5k


"It's a crisis," says Chris Hayes on the Huffbuzz dilemma. http://archive.is/1iOTU


BuzzFeed to Cut 15% of Its Workforce https://www.wsj.com/articles/buzzfeed-to-cut-15-of-its-workforce-11548286211


"Who owns BuzzFeed? NBC." says @chuckwoolery http://archive.is/Wnjew


Given the political shitshow Buzzfeed has caused recently, I bet not as many of you are sore at the news of the layoffs.
https://dailycaller.com/2019/01/23/buzzfeed-bombshell-reporting/


So on top of YESTERDAY and Buzzfeed, TODAY was Huffpost.
https://www.hollywoodreporter.com/news/huffpost-lays-at-15-staffers-verizon-media-cuts-1178787


This will probably just turn into a thread where I list off people tweeting they're out of work. http://archive.is/JCwvT


As mentioned earlier, the Huffpost opinion section was cut http://archive.is/6GPJf
 
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