Digital media company BuzzFeed (BZFD) went public on Monday after a SPAC merger that valued the firm at $1.5 billion, setting it apart from peers like Vox and Vice that remain private.
But some employees aren’t celebrating. The milestone comes days after dozens of workers at the outlet’s news division, which won a Pulitzer Prize this year, walked off the job in protest of a move they say enriches executives while the company refuses a union contract that would raise salaries for employees…
Source link