OLD Media Moves

Bloomberg scraps World News team

December 25, 2009

Three Bloomberg News employees confirmed a Gawker report Friday that the news service is disbanding its World News team at the end of the year.

The team covers general news items such as hurricanes and natural disasters — not the corporate and economic coverage that is Bloomberg’s bread and butter.

“Spoke to someone that works in world news earlier this week and he said they were getting rid of his group and that he didn’t know where he was going to be placed,” one Bloomberg employee told Talking Biz News.

Another Bloomberg employee said: “No clue what they’re doing with the reporters yet; they haven’t been fired or anything like that, the team is just supposedly dissolving Dec. 31.”

Gawker’s source said that reporters and editors were told that “…reports of natural disasters, plane crashes and the like will come from the AP, The New York Times, the Washington Post or Britain’s Daily Telegraph.”

Read more here.

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