Buzzfeed News CEO John Peretti announced the permanent closure of the website on Thursday, and said that the company's CRO, Edgar Hernandez, and COO, Christian Baker, were leaving the publication.

"The changes the Business Organization is making today are focused on reducing layers in their organization, increasing speed and effectiveness of pitches, streamlining our product mix, doubling down on creators, and beginning to bring AI enhancements to every aspect of our sales process. While layoffs are occurring across nearly every division, we've determined that the company can no longer continue to fund BuzzFeed News," Peretti said, according to Town Hall.