Vivek Ramaswamy Pushes Radical Changes at BuzzFeed
Ramaswamy's 8.7% stake leads to calls for layoffs, controversial hires, and a strategic overhaul amid BuzzFeed's financial struggles.
- Ramaswamy suggests significant staff reductions and a shift towards creator-driven content.
- Proposes bringing in polarizing figures like Tucker Carlson and Candace Owens as contributors.
- Calls for BuzzFeed to apologize for past reporting, including on Trump and Covid-19.
- CEO Jonah Peretti rejects most of Ramaswamy's ideas but agrees to a meeting.
- BuzzFeed faces financial difficulties, with shares down 71% since going public.
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