Staff Cuts Hit 'Bloomberg BizWeek'

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Approximately 25 Bloomberg BusinessWeek staffers are being let go today as the title continues its integration with new owner Bloomberg LP.
 
Those being pink-slipped are art and editorial staffers. Another 12 or so will be offered jobs at Bloomberg News, the parent company’s wire service. The total reduction amounts to roughly one-third of the newsweekly’s edit staff.
 
The cuts come as the title faces a 22.4 percent decrease in ad pages to 132 this year through its March 1 issue (Mediaweek



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