BuzzFeed, one of the highest profile entertainment and news sites on the internet, plans to cut 15 percent of its workforce, US media reports said Wednesday. The cuts stand to affect between 200 to 250 jobs and come as the company is seeking to reinvest resources in more promising areas such as content licensing and e-commerce, The New York Times and Wall Street Journal reported. The news was announced in an email by chief executive Jonah Peretti titled "Difficult Changes," according to the Times.
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