RD Recap: Bloomberg to Cut 80 Staffers; Changes at Reuters

Bloomberg will cut jobs as expected, but it won’t be quite as bad as originally reported. Instead of 100 positions, the media giant will chop roughly 80, mostly from the politics and government teams based in New York and Washington. The pink slips will be handed out by Labor Day, perhaps even sooner. Before that happens, though, Clark Hoyt and Manuela Hoelterhoff are already saying goodbye to the company where they’ve worked for years. They had been independent senior editor and global cities editor, respectively.