February 5, 2009

Bloomberg cuts 100 US jobs in broadcast operations

Filed under: media,US,worldwide — 7macaw @ 10:50 am
Tags: , , ,

Bloomberg LP will cut 100 television and radio jobs in the first layoffs since it was founded in 1981 by now-New York Mayor Michael Bloomberg.

The news and financial data provider will cut the jobs in the United States, 45 of them from its newsroom staff, spokeswoman Judith Czelusniak said, adding Bloomberg might cut other jobs in Britain, Europe and Japan.

Bloomberg would also shut all non-English language television operations, including those in Japan, Spain and France, two Bloomberg sources with direct knowledge of the situation said.

Source: Reuters

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