Wall Street Mav|Mar 13, 2026 03:23
Buzzfeed said on Thursday it has “substantial doubt” about its ability to continue as a business.
In 2025 Buzzfeed had a net loss of $57.3 million. The company admitted it doesn't have enough cash on hand to continue for another year.
Alongside its namesake, Buzzfeed also owns news site Huffpost and online food network Tasty.
Buzzfeed has gone through several rounds of layoffs and cost-cutting measures.
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