Bloomberg Looks To Cut BusinessWeek Staffers

It’s been a busy week for the new Bloomberg LP-owned BusinessWeek. First, there was the appointment of a new editor, Josh Tyrangiel, to succeed Stephen Adler. And now, the layoffs are upon us.

According to reports, Bloomberg is looking to cut about 100 positions from BusinessWeek, or about 25 percent of the magazine’s total staff. Some of those layoffs have already reportedly started, with more to come today.

The Wall Street Journal reports that, over the last few weeks, Bloomberg has been asking BusinessWeek editorial staff members to submit “resumes, news clips and 250-word statements about their personal qualifications,” to their new bosses.

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