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.
- Seems Crazy, But Taylor Swift Was Actually a Good Choice for a WSJ Op-Ed
- Facebook Exec Rants About The Media, Says Things We've Heard Before
- Did the 'NY Post' Go Too Far With Its Kimye Wedding Announcement?
- If You're CNN, Which Do You Choose? The Brand or Ratings?