Bloomberg BusinessWeek May Face Layoffs Before April Relaunch

With job cuts reportedly in the works and a redesign coming in late April, big changes are definitely coming to Bloomberg BusinessWeek.

At the magazine’s 2010 Media Summit in Manhattan this morning, Bloomberg BusinessWeek President Paul Bascobert was talking about expanding the magazine’s Tokyo bureau and rebuilding the magazine with more pages and thicker paper. Meanwhile, The New York Post‘s Keith Kelly reports that around 30 employees will be laid off in a restructuring that’s coming later this week:

Among those expected to go in the first round of layoffs since Bloomberg purchased the magazine from McGraw-Hill Cos.

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