5% to 25% Pay Cuts at Buzzfeed mdi-fullscreen

Struggling Buzzfeed‘s CEO, Jonah Peretti, has emailed staff a memo telling them that there will be salary cuts at BuzzFeed and blaming the corona virus. The listicle loving digital-media company’s staffers will see their pay reduced between 5% to 25% on a progresive scale, of course. “I understand this will be a real hardship for everyone, but our goal is to make it possible for all of us to get through this,” Peretti wrote in the memo telling employees he will “not be taking a salary until we are on the other side of this crisis.” Go woke, go broke…

mdi-tag-outline BuzzFeed
mdi-account-multiple-outline Jonah Peretti
mdi-timer March 30 2020 @ 16:48 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Story
View Comments