OLD Media Moves

Reuters: Flexible work schedules coming to Bloomberg

July 28, 2008

Robert MacMillan of Reuters writes Monday that the hard-driving Bloomberg News operation may become a bit more relaxed beginning Friday.

Bloomberg NewsMacMillan writes, “Starting August 1, employees can request schedules better suited to their personal lives — including flexible hours, a shorter work week and working from home, according to a Bloomberg document obtained by Reuters.Â

“Such schedules are hardly unusual in Corporate America, but Bloomberg, which prides itself on being different, has not run itself like other multibillion-dollar companies.Â

“That focus has powered meteoric growth at the business since its founding in the early 1980s. But it has bruised some current and former staff along the way due to what many have described as the high demand on their time.Â

“The new work schedule system may be Bloomberg’s first public acknowledgment of the need to accommodate an employee’s personal life — and that the changes would help the business.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.