Buzzfeed cuts 15% of its staff

• BuzzFeed plans to cut its workforce by 15 percent, according to an article in the Wall Street Journal on Wednesday.
• The decision could cost 250 employees their job at the digital publisher.

BuzzFeed plans to cut its workforce by 15 percent, according to an article in the Wall Street Journal on Wednesday.

The decision could cost 250 employees their job at the digital publisher, said people familiar with the case.

Sources also said BuzzFeed's choice to downsize could be a company effort to move closer to profitability before merging with another digital medium.

This story is still in development.

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