Gizmodo Media, a part of Univision, is scaling down its editorial staff, The New York Post reports, with 44 people — about 20% of the staff — accepting buyouts.
“The staffers had unionized with the Writers Guild of America East last year,” the story reports. “They become the latest in the once-high-flying digital publishing world to experience downsizings. In the past year, BuzzFeed cut about 100 people, Vice laid off about 60, and Vox and Mashable each axed 50.”
The report adds: “Rumors are swirling that Univision would like to sell its Fusion and Gizmodo Media operations following its own abandoned IPO plans earlier this year.”
The report cites a staff memo Thursday from Gizmodo editorial director Susie Banikarim, who said the buyouts mean Gizmodo will at least avoid involuntary layoffs.