Byron Allen, chairman and chief executive officer of Allen Media Group, on Oct. 12, 2023. (Photo by Kyle Grillot/Bloomberg via Getty Images) Business by Selena Hill Media Mogul Byron Allen Cuts 35% Of BuzzFeed Staff The layoffs mark Byron Allen’s first major restructuring since acquiring a controlling stake in BuzzFeed. Less than two months after taking control of BuzzFeed, media entrepreneur Byron Allen is making one of his biggest moves yet. BuzzFeed announced it will eliminate approximately 35% of its workforce, impacting about 180 employees and contractors across BuzzFeed, HuffPost, and Tasty. RELATED CONTENT: Byron Allen Reveals Plans For A Hostile Takeover Of STARZ On ‘The Breakfast Club’