OLD Media Moves

Bloomberg TV and radio cuts: The total is now 100 jobs

February 4, 2009

Robert MacMillan of Reuters reports Wednesday that the job cuts at Bloomberg‘s television and radio operations now total 100, much higher than the 60 previously reported.

MacMillan writes, “The news and financial data provider will cut the jobs in the United States, 45 of them from its newsroom staff, spokeswoman Judith Czelusniak said, adding that Bloomberg might cut other jobs in Britain, Europe and Japan.

“‘It is a restructuring really needed in order to make programming changes and a network that really leverages our global bureau system and infrastructure,’ Czelusniak said.

“Multimedia operations, which include broadcast, are overseen by former NBC television executive Andrew Lack. Lack took over last year from Matt Winkler, who founded Bloomberg’s news operation and still heads the news group.”

Read more here.

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