UPDATED with Jonah Peretti memo: It certainly has been a tough week at BuzzFeed. A week after Robert Mueller’s office raised doubts about the news org’s report that Donald Trump ordered his lawyer-fixer Michael Cohen to lie to Congress comes word that the one-time poster child for pure-digital growth plans to lay off a reported 200 staffers, or 15% of its work force.

Co-founder and CEO Jonah Peretti sent a memo to staff this afternoon announcing the job cuts, which will hit the web content and international units including the Ben Smith-led news division beginning next week.

“Over the past few months, we’ve done extensive work examining the trends in our business and the evolving economics of the digital platforms,” he wrote (read the memo in full below). “We’ve developed a good understanding of where we can consolidate our teams, focus in on the content that is working, and achieve the right cost structure to support our multi-revenue model. We are confident the changes we are making will put us on a firm foundation and allow us to invest and grow sustainably for years to come.”

This will mark the third round of cuts at the digital news producer in 14 months, following layoffs in November 2017 and in September. The former consisted of about 100 job losses, mainly in its “business unit.”

The comes in the wake of BuzzFeed’s bombshell report that citing two unnamed law enforcement officials involved in an investigation of the Trump Tower Moscow effort. It claimed that Trump told Cohen to lie to Congress under oath about negotiations with Russians to build a Trump Tower in Moscow, saying they had ended before the primaries in the U.S. presidential election. As the news media feasted on the report, Special Counsel Robert Mueller’s office put out a rare statement that read, “BuzzFeed’s descriptions of specific statements to the special counsel office and characterization of documents and testimony obtained by this office, regarding Michael Cohen’s Congressional testimony, are not accurate.”

That came after Trump’s personal attorney Rudy Giuliani called the report “categorically false” and White House Press Secretary Sarah Huckabee Sanders called it “absolutely ridiculous.” The news org continued to stand by its reporting, however.

Here’s Peretti’s full memo: