Bloomberg has laid off a handful in the newsroom as it shifts resources around in the organization.
Bloomberg has done a rare layoff of a handful of people in its newsroom of 2,700, as it shifts resources around in the organization.
In audio, Bloomberg shuttered its afternoon Boston radio program in June and replaced it with its Bloomberg Businessweek show.
But Bloomberg Media is protected by its ownership by Michael Bloomberg's much larger financial information giant Bloomberg LP, whose key product, the Bloomberg Terminal, is widely used on Wall Street.
Bloomberg Media CEO Scott Havens said the company grew revenue 16% in 2022, marking its 10th quarter of advertising growth.
Persons:
David Merritt, Julie Alnwick McHale, Luke Morano, I've, Kim Carrigan, Tom Moroney, Joe Shortsleeve, Anthony Mancini, Michael Bloomberg's, Scott Havens, John Micklethwait
Organizations:
Bloomberg, Bloomberg Media Editorial, Boston, Bloomberg Businessweek, Boston Globe, Media, Bloomberg Media
Locations:
downturns