{"id":423437,"date":"2022-03-29T22:13:55","date_gmt":"2022-03-29T19:13:55","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/buzzfeed-news-union-votes-to-strike-as-job-cuts-loom\/"},"modified":"2022-03-29T22:13:55","modified_gmt":"2022-03-29T19:13:55","slug":"buzzfeed-news-union-votes-to-strike-as-job-cuts-loom","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/buzzfeed-news-union-votes-to-strike-as-job-cuts-loom\/","title":{"rendered":"#BuzzFeed News union votes to strike as job cuts loom"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e05401a48d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e05401a48d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/buzzfeed-news-union-votes-to-strike-as-job-cuts-loom\/#%E2%80%9CBuzzFeed_News_union_votes_to_strike_as_job_cuts_loom%E2%80%9D\" >&#8220;BuzzFeed News union votes to strike as job cuts loom&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CBuzzFeed_News_union_votes_to_strike_as_job_cuts_loom%E2%80%9D\"><\/span>&#8220;BuzzFeed News union votes to strike as job cuts loom&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>The union representing journalists in BuzzFeed\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> division have overwhelmingly voted to strike just days after three of the site\u2019s top editors resigned \u2014 with buyouts and layoffs likely at the money-losing operation.<\/p>\n<p>\u201cToday, our unit came together and voted overwhelmingly to authorize a strike,\u201d read a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> post by the BuzzFeed News Union. <\/p>\n<p>The tweet continued: \u201c90% of the unit participated in the strike vote, with 91% voting to authorize the bargaining team to call a strike.\u201d<\/p>\n<p>The union said the planned labor stoppage was called due to the lack of a \u201cfair comprehensive contract\u201d that guaranteed \u201creasonable benefits, wages, and protections for all of our members.\u201d<\/p>\n<p>BuzzFeed management was accused of \u201cbad faith bargaining\u201d over the course of \u201c2+ years\u201d of negotiations.<\/p>\n<p>The union said it \u201cwill not stand by as another venture capital vulture tries to pick apart a crucial newsroom \u2014 like many have done with local papers across the country.\u201d<\/p>\n<p>\u201cThis vote does not mean that we are on strike,\u201d the union wrote. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-wrapper twitter\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We want to protect the future of our work and the news industry at large. We will not stand by as another venture capital vulture tries to pick apart a crucial newsroom \u2014 like many have done with local papers across the country.<\/p>\n<p>\u2014 BuzzFeed News Union \u270a (@bfnewsunion) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/bfnewsunion\/status\/1508855246340169736?ref_src=twsrc%5Etfw\">March 29, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/div>\n<\/figure>\n<p>\u201cBut it does mean that we are ready to strike if needed. We don\u2019t want to strike, but we will if it comes to that.\u201d<\/p>\n<p>The future of BuzzFeed News could be in doubt as reports surfaced last week indicating that at least some of the company\u2019s investors are pushing to shut down the division entirely in order to boost profitability.<\/p>\n<p>BuzzFeed CEO Jonah Peretti has reportedly come under pressure from shareholders to close down the newsroom, which has lost millions of dollars in recent years.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1022\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-06.jpg?w=1022\" alt=\"Mark Schoofs, Buzzfeed News\u2019 editor in chief, announced last week that he was stepping down.\" class=\"wp-image-21703854\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-06.jpg?quality=75&amp;strip=all&amp;w=1533 1533w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-06.jpg?quality=75&amp;strip=all&amp;w=1022 1022w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-06.jpg?quality=75&amp;strip=all&amp;w=511 511w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-06.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 1022px) 100vw, 1022px\"\/><figcaption>Mark Schoofs, BuzzFeed News\u2019 editor in chief, announced last week that he was stepping down.<\/figcaption><figcaption><span class=\"credit\">Courtesy of @SchoofsFeed<\/span><\/figcaption><\/figure>\n<p>Mark Schoofs, the\u00a0editor in chief of BuzzFeed News, and two of his top deputies\u00a0quit last week. Tom Namako, Schoofs\u2019 deputy news editor, and Ariel Kaminer, the executive editor of investigations, also announced that they planned on leaving their posts.<\/p>\n<p>Journalists working for the site have been told that more job cuts are in the offing, The Information reported.<\/p>\n<p>Fewer than 30 journalists in the 100-person newsroom\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2022\/03\/22\/buzzfeed-investors-have-pushed-ceo-jonah-peretti-to-shut-down-newsroom.html\">have already been offered buyouts<\/a>, according to CNBC.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-05.jpg?w=1024\" alt=\"Jonah Peretti\" class=\"wp-image-21703858\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-05.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-05.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-05.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Investors at BuzzFeed are reportedly pressuring CEO Jonah Peretti to close down its entire money-losing news operation.<\/figcaption><figcaption><span class=\"credit\">Getty Images for BuzzFeed Inc.<\/span><\/figcaption><\/figure>\n<p>The reporters who were offered exit packages cover investigations, inequality, politics, and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a>. Many of them have worked for BuzzFeed for more than a year.<\/p>\n<p>The news operation at BuzzFeed loses around $10 million per year, CNBC reported.<\/p>\n<p>The network quoted a shareholder as saying that closing down the news operation could boost the company\u2019s market capitalization by up to $300 million.<\/p>\n<p>Peretti is reportedly aiming to turn the newsroom around and make it profitable.<\/p>\n<p>It is unclear how a shutdown of the newsroom would affect HuffPost, which was acquired by BuzzFeed.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-01.jpg?w=1024\" alt=\"BuzzFeed's newsroom\" class=\"wp-image-21703861\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-01.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-01.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-01.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>BuzzFeed\u2019s 100-person newsroom loses an estimated $10 million per year, according to CNBC.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>Last year, Peretti laid off 70 HuffPost staffers after buying the news site from Verizon Media.<\/p>\n<p>The high-profile departures come on the same day that BuzzFeed released its fourth-quarter earnings report, which showed a 12% drop in earnings before interest, taxes, depreciation and amortization.<\/p>\n<p>Peretti said people have migrated away from Facebook, which is a vital platform for spreading the site\u2019s viral content. In turn, that has hurt BuzzFeed\u2019s audience reach, according to the CEO.<\/p>\n<p>Shares of the digital media company rose by around 0.2% as of 2:30 p.m. ET Tuesday.\n                        <\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/29\/buzzfeed-news-union-votes-to-strike-as-job-cuts-loom\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;BuzzFeed News union votes to strike as job cuts loom&#8221; The union representing journalists in BuzzFeed\u2019s news division have overwhelmingly voted to strike just days after three of the site\u2019s top editors resigned \u2014 with buyouts and layoffs likely at the money-losing operation. \u201cToday, our unit came together and voted overwhelmingly to authorize a strike,\u201d&#8230;<\/p>\n","protected":false},"author":1,"featured_media":423438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/buzzfeed-news-departures-02.jpeg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[7309,127277,80787,120045,4960,78427],"class_list":["post-423437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-unions","tag-3-29-22","tag-buzzfeed","tag-labor-strikes","tag-layoffs","tag-strikes"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=423437"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/423438"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=423437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=423437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=423437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}