Bloomberg lays off 10 in editorial restructuring

Bloomberg News has done a layoff of a handful of people in its newsroom of 2,700, as it shifts resources around in the organization, reports Lucia Moses of Insider.

Moses reports, “The cuts numbered around 10 and included people on the national news desk, TV, and radio, and won’t impact the overall newsroom headcount, a knowledgeable source said.

“The company centralized its web, audio, and video editorial last year under David Merritt as the new head of Bloomberg Media Editorial and has been going through each of its divisions to maximize how it allocates staff to drive growth.

“Julie Alnwick McHale, who was tapped last year to run Bloomberg TV, announced a restructuring last week, including naming Luke Morano as editor at large, reorganizing its booking team, and cutting duplicative programming.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.