Keith Kelly of the New York Post writes Friday that a hiring freeze at Bloomberg LP may be coming soon.
Kelly wrote, “Bloomberg LP recently imposed a salary freeze for anyone making a base salary of over $200,000 a year, said the insider.
“‘Freezes on headcount are soon to come,’ added the source.
There has never been a downsizing at Bloomberg — the company is now worth upward of $15 billion, but the recent tightfisted approach has some people grumbling. Most of the sales staff and more than 20 percent of the editorial staff is said to be in the $200,000-plus bracket, the source estimated.
“A new conference room, just constructed for Editor-in-Chief Matt Winkler, who is also a corporate board member, is also rubbing people the wrong way.
“While they’re freezing salaries, they went ahead and expanded, by about half, the square footage of Winkler’s personal conference room and office, and added new Italian furniture and lighting. The total cost: upward of $50,000.”
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