First Ever Layoffs Coming To Bloomberg LP


In its first layoffs ever,  Bloomberg LP will cut 60 100 from its unprofitable television and radio ranks, which loses $20 million annually.

The Post‘s Keith Kelly reports the company is still adding people elsewhere. So this isn’t necessarily an indication of a company-wide problem, but with all the blood on Wall Street its certain Bloomberg is profiting less from its perennial cash cow, the Bloomberg terminal.

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Even BloomBerg Walloped: Terminal Sales Down For November