BuzzFeed to close news division and cut 15% of all staff

BuzzFeed is also considering making job cuts in some international markets (Ted Shaffrey/AP)

Pulitzer Prize-winning digital media company BuzzFeed will shut down its news division as it cuts about 15% of its entire staff.

In a memo sent to staff, co-founder and chief executive Jonah Peretti said that cuts would also occur across its business, content, tech and administrative teams, according to multiple media reports.