Bloomberg News lays off around a dozen staffers in restructuring

Date:

Bloomberg News is shedding around a dozen staffers in a shakeup of its newsroom.

Bloomberg Editor-in-Chief John Micklethwait announced a major restructuring of the company’s newsroom operations, resulting in staff cuts and the consolidation of several editorial groups.

Micklethwait said Bloomberg will merge its credit and finance teams, as well as its legal and financial regulation coverage groups, according to a memo obtained by The Post.

A source familiar with the situation said the cuts will impact approximately a dozen staffers in the company’s global operations.

Bloomberg Editor-in-Chief John Micklethwait announced a major restructuring of the company’s newsroom operations. picture alliance via Getty Images

Bloomberg News declined to comment.

News of the layoffs was first reported by the news site Semafor.

The changes are part of a broader effort to streamline editorial…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...