BuzzFeed and HuffPo Just Got Hit with the Karma Stick and We Are HERE for It
Excerpt: BuzzFeed has announced that it plans to lay off 15 percent of its overall workforce next week. In a message to employees on Wednesday, CEO Jonah Peretti explained that although revenue has grown rapidly, "unfortunately, revenue growth by itself isn't enough to be successful in the long run..."
BuzzFeed says it employs about 1,450 people and has offices in 18 cities around the world. More than 200 people across the company are expected to lose their jobs in the coming round of layoffs — just over a year after another restructuring effort resulted in about 100 lost jobs, mostly on the business side of its operations. The Huffington Post is also laying off a bunch of people, as is the Gannett newspaper chain. Even DC Comics is laying people off this week. It's a tough time for the publishing industry ... A Catholic school in Kentucky had to shut down this week due to hundreds of death threats, because a bunch of self-described journalists spread a disgusting smear that they were too lazy to check out for themselves. Pardon me if I don't weep for those guardians of truth less than a week later, as they pack up their desks. ... There you are just minding your own business, rage-mobbing a group of children, and 48 hours later you're out on your ass. No good deed goes unpunished, huh? Sorry to pick on that guy, but... damn. If that were me, if my karma were that instant, I might take some time to think about the life decisions that brought me to that point.... I guess that's where I draw the line, attacking kids for the red hats they bought that same day and dared to wear in public. If you saw the hats and instantly knew everything you needed to know about those boys, maybe you're a lousy journalist and you need to find a new job anyway... I have no love for Trump. But attacking a bunch of kids just for daring to put on his hats? What the hell is wrong with these parasites?