Bloomberg News is laying off about 100 editorial staffers

Bloomberg News is laying of approximately 100 editorial staffers, reports Steven Perlberg of Business Insider. Perlberg reports, “Two sources told Insider that they were bracing for about 100 editorial cuts. The layoffs were said to have included editors and were believed to be concentrated in Europe. “A Bloomberg Media spokesperson declined to comment. “The layoffs come amid […]

Bloomberg Industry Group union: Let’s not rush back to the newsroom

Bloomberg Law reporter Fatima Hussein, who is president of the union that represents editorial staffers at Bloomberg Industry Group, sent out the following on Wednesday: Dear Colleagues, In late December and early January, the Guild at Bloomberg Industry Group conducted a survey of Guild-covered employees. We came away with two clear messages: – No Return to […]

Bloomberg taps Edney to be national health care reporter

Bloomberg News reporter Anna Edney is becoming a national health care reporter. She had been covering health care policy and the U.S. Food and Drug Administration. Edney has been at Bloomberg since 2010. She has reported reported extensively on drug manufacturing in India and China and quality issues that have manifested as the U.S. has become more […]

CNN’s Alesci joins Chobani in communications role

Business journalist Cristina Alesci is now the chief corporate affairs officer at Chobani. She will lead external and internal communications, government and community relations, social impact and philanthropy. She will also join Chobani’s executive leadership team. Previously, Alesci was at CNN for more than 6 years, working as a television and digital correspondent for CNN […]

Bloomberg Media expects to hit $100 million in consumer subscriptions in 2021

Bloomberg Media is expecting to bring in at least $100 million in consumer subscription revenue in 2021, according to an internal memo sent to staff from CEO Justin Smith, reports Sara Fischer of Axios. Fischer reports, “Prior to the launch of its consumer digital subscription business three years ago, Bloomberg LP made pretty much all of its […]

Salek departs Bloomberg Radio

Sebastian Salek, who presents “Bloomberg Westminster” on Bloomberg Radio, is leaving the organization. His last day is Friday. Salek is becoming head of international public relations for AST SpaceMobile. The radio program and its accompanying podcast launched in 2019. As a reporter for Bloomberg Television, Salek has covered some of the biggest moments in the […]

Bloomberg’s Cortez moving to Hong Kong to be editor

Michelle Fay Cortez, a senior reporter on the health team at Bloomberg News, is moving to Hong Kong to be an editor on the health and consumer team. She is currently based in Minneapolis. Cortez has been with Bloomberg since 1992, with stints in Washington, where she covered the FDA, and London. Her recent reporting has […]

Quartz makes its content available on the Bloomberg terminal

Financial news site Quartz announced Tuesday that its content will now be available to Bloomberg terminal subscribers. The move comes less than one month after Quartz promoted Natalie Diamond to the role of chief revenue officer. Quartz’s management bought the site last year and have been changing its operations. “We are delighted to provide Bloomberg […]

Hunter named morning editor for Bloomberg’s DC bureau

Kate Hunter has been named the morning editor for Bloomberg’s Washington bureau. Hunter has been a U.S. politics editor for Bloomberg since September 2015. She helped launch “Balance of Power,” Bloomberg’s global politics newsletter. She previously was a senate correspondent for Bloomberg, covering breaking news and enterprise stories from Senate legislation and campaigns. Hunter previously worked […]

Bloomber’s Aquino to lead FX/rates team

Kristine Aquino, team leader for Bloomberg News’ Markets Live blog in Europe, is becoming the leader for its foreign exchange and rates team. She has been with the Markets Live team since November 2016, first as a writer. She previously was a reporter and editor on the foreign exchange team in London and in Singapore. […]