Google Brain Drain: Product Exec Leaves For Bloomberg


Google’s brain drain continues: Ien Cheng, who joined Google (GOOG) as a director for product management about a year ago, is leaving to join Bloomberg LP, the WSJ reports.

“In his new role as chief of staff for Bloomberg’s multimedia group, Mr. Cheng will oversee the financial-data provider’s television, radio, Web and mobile properties, he wrote in an email to friends and associates,” the WSJ’s Russell Adams writes.

The move comes as Bloomberg looks for new growth areas beyond its data terminals, where sales are suffering due to Wall Street’s collapse. And as Google loses several top executives, including sales chief Tim Armstrong — who is recruiting Googlers to his new company, AOL; former DoubleClick boss David Rosenblatt, and several others.

Click here to scroll through the Google Brain Drain →

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at