OLD Media Moves

Bloomberg’s DC staff still not happy with management

June 17, 2015

Posted by Chris Roush

bloombergA Bloomberg News reporter on Tuesday sent a memo to high-ranking company executives in New York that outlined numerous concerns among Washington bureau staffers about management, editorial standards, reporting priorities and more, reports Michael Calderone of The Huffington Post.

Calderone writes, “The memo, which was sent Tuesday to Schenker and Tyrangiel with Washington staffers copied, addresses cultural and structural concerns and proposes several solutions.

“Washington staffers perceive a ‘lack of clear direction from New York,’ the memo says, noting a desire for a leader who has the confidence of top management. Bloomberg management is said to be currently seeking a Washington-based executive to oversee the bureau, according to sources familiar with the discussions.

“The memo also suggests that female staffers in Washington are passed over for stories they would have expertise in and describes a sense that male managers look out for other male employees.

“Bloomberg has faced questions before about female representation in positions of leadership. When selecting a new top editor in December, chief executive and company founder Michael Bloomberg hired Micklethwait from The Economist instead of promoting in-house front-runner Laurie Hayes. She has since left the company. Still, several large Bloomberg bureaus worldwide — London, Paris, Moscow, Toronto, Sao Paulo and Frankfurt — are run by women, and the company recently hired Kathy Kiely as Washington News Director for Bloomberg Politics, a new position designed in part to serve as liaison between New York and Washington.”

Read more here.

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