Rough Times at Bloomberg LP
Sales of Bloomberg LP’s terminals have hit a slump. According to The New York Post, the company has only sold 1,000 of them so far this year. A big chunk of Bloomberg employee bonuses depends on how well the company does overall, so the news that things have been slightly slow lately is bound to upset some staffers.
Bloomberg CEO and president Dan Doctoroff told the Post that the “Cert” — the portion of bonuses derived from company performance — would only “pay out at 20 percent of target this year.”
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