On-line media firm Buzzfeed is to shut its UK and Australian news operations.
The US company, which set up its London office in 2013, stated the decision had been made "both for financial and strategic reasons".
Buzzfeed stated it will be focusing on news that "hits huge in the USA during this troublesome period".
Some employees will stay on to cowl social information, superstar and investigations, but it's considered 10 jobs are affected.
BBC Information media editor Amol Rajan stated the affected UK employees had been furloughed.
He added that the title "did a lot outstanding work" and its closure showed that the coronavirus disaster had "claimed a high-profile journalistic establishment".
Buzzfeed News had been a "robust, scooping, necessary voice" in UK journalism and its determination was because of the pressures on the corporate's advertising-funded business mannequin, not its work, our correspondent added.
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Buzzfeed's UK political editor Alex Wickham tweeted: "So extremely pleased with the BuzzFeed UK workforce, which punched thus far above its weight and did some really superb journalism."
Paying tribute to his colleagues, news editor Alan White posted that "the quantity of talent in that workplace was unreal".
Political correspondent Hannah Al-Othman tweeted she had "a completely sensible three years" on the title. "It has been the perfect job I've ever had, and there'll in all probability never be one other one higher," she added.
Guardian columnist Marina Hyde wrote that she had "been knowledgeable and made to snigger so many occasions a day by their sensible, idiosyncratic and dedicated employees".
A Buzzfeed UK investigation into 14 mysterious deaths allegedly linked to Russia was nominated for the Pulitzer Prize in 2017.
Earlier this month, the location was additionally the first to report on all seven of the government's draft documents which outlined proposals for alleviating the UK's coronavirus lockdown.
In a press release, Buzzfeed stated it was still investing closely in its information enterprise and can spend about $10m (£8.05m) greater than it makes from its operation this yr, and about $6m extra in 2021.
It added: "We might be consulting with staff on our plans relating to furloughs and stand-downs".