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Bloomberg News Lays Off Staffers Including Longtime Editors

Brian Steinberg-Senior performer 2020 president

11.02.2021 - 21:56

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variety.com

variety.com:

Brian Steinberg Senior TV EditorBloomberg News on Thursday began notifying a group of employees they were being terminated, according to three people familiar with the matter, the latest in an ongoing string of layoffs at media companies as they grapple with the economics of the digital age.Some staffers were given the sense the company hoped to enact a restructuring among a group of veteran editors, according to one of these people, who noted that some employees affected had been with Bloomberg for decades.

Some employees at Bloomberg were of the belief, this person said, that the company was hoping to open its ranks to a younger, more diverse cohort of its staff.Approximately 90 staffers are affected, according to one of the people.

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