Bloomberg News Reorganizing Newsroom, Making Some Job Cuts

Bloomberg News is reorganizing its newsroom in a move that has led to job loss for several employees. 

The news was announced by John Micklethwait, editor in chief of Bloomberg, in a memo to the staff. 

The loss of headcount was not revealed, but some reports put the number at about a dozen. 

Semafor’s Max Tani posts: "In a note to staff, Bloomberg EIC Micklethwait announced a major newsroom reorg/cuts, merging credit/finance groups, legal/financial reg groups. ‘We have sadly had to say goodbye to some colleagues,’ but Bloomberg will 'end this year with a bigger newsroom than we started it'."

 

 

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