BusinessWeek Layoffs To Include Editorial, Marketing, Communications and Events
As Bloomberg works through the process of folding its new property – BusinessWeek – into its media portfolio, the WSJ reports that layoffs will include 100 people, or 25% of the total staff.
In a memo to staff, Bloomberg chief content officer Norman Pearlstine said that this week, meetings will include, “Marketing, Communications & Events.”
Almost no department will be spared, as meetings will also take place with, “Circulation and Production; Finance; Technology, Digital…Sales and Sales Development, and Editorial.”
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