After having pushed for the deplatforming of conservative voices, the left-leaning Huffington Post announced massive layoffs of its workforce on Tuesday – 47 U.S. writers including eight in management – and entirely shuttering its Canadian operation.
The decision was made to “fast-track the path to profitability,” enabling the company to break even this year and eventually turn a profit, according to Jonah Peretti, the CEO of BuzzFeed which acquired HuffPost from Verizon Media just three weeks ago.
He noted HuffPost’s losses totaled around $20 million in 2020.
“Though BuzzFeed is a profitable company, we don’t have the resources to support another two years of losses.”
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker