Pro-Trump Investor Vivek Ramaswamy Says BuzzFeed Should Make ‘Large-Scale’ Layoffs and Hire Candace Owens, Tucker Carlson, Aaron Rodgers
variety.comTodd Spangler NY Digital Editor Vivek Ramaswamy, after dropping out of the Republican presidential primary race, has turned his attention to shaking up struggling media company BuzzFeed — and he’s pushing a right-turn pivot for the company.
In a filing last week, Ramaswamy disclosed that he amassed 7.7% of BuzzFeed’s stock. In a letter dated May 27 to BuzzFeed’s board of directors, he said he now holds a 8.37% stake in the company “and I continue to increase my position.” “BuzzFeed has lost its way,” he wrote in the letter. “I own your stock because I believe BuzzFeed can still become a more valuable company than at its initial listing, but this requires a major shift in strategy.” Among other things, Ramaswamy recommended that BuzzFeed hire talent from “across the political and cultural spectrum” including right-wing commentators such as Candace Owens, Tucker Carlson and Aaron Rodgers.
In the 2,344-word letter, Ramaswamy also said BuzzFeed should “retain only the resources required to create and monetize BuzzFeed’s highest-value content,” which “will almost certainly require large-scale headcount reductions.” Ramaswamy — who has called the Jan.
Read more on variety.com