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BuzzFeed workers step down, blow up ‘rich rulers’ – RT USA News

A handful of BuzzFeed News employees staged a day-long walkout, demanding better wages and benefits as the company prepares to go public.

“We’ve been negotiating our contract for almost 2 years, but BuzzFeed won’t budge on critical issues like wages – while preparing to go public and further enrich executives.” the union representing the 61 protesting workers tweeted on Thursday.

If BuzzFeed gets shareholder approval for the merger deal with 890 Fifth Avenue Partners, the company could go public as early as Monday with an announced potential valuation of around $ 1.5 billion.

Among the complaints listed are employee wages and the degree of control the company can actually have over what they do outside of work.

The current proposal, according to the union, “Would require union members to obtain approval to do any outside ‘content’ work,” reporter Ema O’Connor said in a Newsguild press release.

“External content” can go from an independent article to a “Makeup tutorial on TikTok”, according to the BuzzFeed News Union.

The “ground” a salary of $ 50,000 per year (plus 1% increase each year) is also not enough, at least if they want to live in cities like New York or San Francisco, where BuzzFeed has newsrooms .

The BuzzFeed union was formed in 2019 after an employee vote to unionize with the New York NewsGuild. He represents a variety of employees, including journalists, editors, photographers, and more. Since its creation, the union and the company have not managed to agree on a first contract. BuzzFeed has over 1,000 employees under its umbrella.

A BuzzFeed spokesperson responded to the walkout saying they would continue to negotiate with the union, with a “Trading session” scheduled for Tuesday.

“Before that, the company is preparing to take an incredibly exciting step forward: becoming the first publicly traded digital media company and acquiring Complex Networks. We couldn’t be more excited about what awaits us for BuzzFeed and its employees ”, the company said.

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