BuzzFeed Sells Complex For $108 Million Cash Amid Restructuring, Layoffs ...Middle East

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BuzzFeed Sells Complex For $108 Million Cash Amid Restructuring, Layoffs
BuzzFeed is selling Complex to NTWRK for $108.6 million in cash plus $5.7 million for use of NYC office space, severance and other employee costs. It also announced a strategic restructuring including laying off 16% of its workforce that it expects will save $23 million a year. It will discuss details on Feb. 28 The […]

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