Ramaswamy Pushes BuzzFeed for Conservative Hires and Job Cuts

TL;DR
Vivek Ramaswamy, who now owns 8.4% of BuzzFeed, has urged the company to cut staff, hire conservative commentators, and shift its strategy towards video and audio. BuzzFeed CEO Jonah Peretti responded by rejecting these proposals, emphasizing the company's commitment to its current journalistic standards. Shares in BuzzFeed rose 8% following the news.
Topics:businessmedia-and-business#buzzfeed#conservative-media#jonah-peretti#media-and-business#staff-cuts#vivek-ramaswamy
- Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires The Guardian US
- BuzzFeed Clashes With Vivek Ramaswamy, Its New Activist Investor The New York Times
- Vivek Ramaswamy Wants BuzzFeed to Hire Candace Owens New York Magazine
- Activist Investor Ramaswamy Urges Buzzfeed to Embrace Political Diversity, Floats Tucker Carlson, Bill Maher as Big-Name Hires National Review
- Ramaswamy Urges BuzzFeed to Cut Jobs, Air More Conservative Voices Bloomberg
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Read on The Guardian US