BuzzFeed Restructures Advertising Group: Lays Off 20 Staffers But Looks to Hire 45

Read on: Variety

BuzzFeed, looking to put itself into a better position to hit its revenue targets, is making another sizable revamp to its advertising team. The New York-based digital media company is letting go about 20 employees in the ad division, a spokesman confirmed. At the same time, it plans to hire people for 45 new positions. […]