As Bloomberg works through the process of folding its new property – BusinessWeek – into its media portfolio, the WSJ reports that layoffs will include 100 people, or 25% of the total staff.
Almost no department will be spared, as meetings will also take place with, “Circulation and Production; Finance; Technology, Digital…Sales and Sales Development, and Editorial.” Bloomberg also announced this week that Josh Tyrangiel, the editor of Time.com, will become the publication’s new editor.
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