Vivek Ramaswamy Pushes BuzzFeed for Conservative Shift and Major Layoffs

1 min read
Source: Variety
Vivek Ramaswamy Pushes BuzzFeed for Conservative Shift and Major Layoffs
Photo: Variety
TL;DR Summary

Vivek Ramaswamy, after exiting the Republican presidential primary, has acquired an 8.37% stake in BuzzFeed and is urging the company to make significant layoffs and pivot towards hiring talent from across the political spectrum, including right-wing commentators. BuzzFeed CEO Jonah Peretti responded skeptically, defending the company's current direction and Pulitzer Prize-winning journalism. Ramaswamy argues that BuzzFeed needs a strategic overhaul to avoid potential bankruptcy and regain a distinctive brand identity.

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