<ul><li>BuzzFeed, the digital-media company that owns the Huffington Post and Complex Networks, has laid off 180 employees, representing 12 per cent of its staff.</li><li>The layoffs come as the company grapples with a tough global economic environment.</li><li>The layoffs were attributed to challenging macroeconomic conditions, completion of integration with Complex Media, and the need to lower costs due to evolving monetization of vertical video formats.</li><li>Job losses in the media and entertainment industry have surpassed 3,000 so far this year, with more cuts expected in the coming months.</li></ul>

BuzzFeed lays off 12% of workforce amid economic challenges

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