Bloomberg TV’s Cook to join Pentagon

Bloomberg TV chief Washington correspondent Peter Cook will join the Pentagon as spokesman, according to an announcement sent on Friday. Claudia Milne, global head of Bloomberg Television, wrote: Please join me in congratulating our chief Washington correspondent, Peter Cook, who will join the Pentagon as spokesman next month. This is an incredible opportunity for Peter […]

Pharmalot blogger among WSJ layoffs

Ed Silverman, who covers the pharmaceutical industry and writes the Pharmalot blog, was among those laid off by the Wall Street Journal on Thursday. His last day will be July 18. According to the union that represents Journal reporters, the layoffs included nine reporters, four special writers, two senior special writers, and one video journalist. […]

Red shirt day at Consumer Reports

Dozens of News Guild of New York members at Consumer Reports magazine marched in solidarity Thursday to a management staff meeting. They were displaying their anger over the  management’s decision to lay off 12 of their colleagues Wednesday, including several long-term employees who seniority. The Guild has said it has identified savings that could had […]

Tensions rise at Bloomberg

Kevin Dugan of The New York Post writes about the mood at Bloomberg News. Dugan writes, “The morale was made worse when Bloomberg brass shunted aside some of its top Washington reporters, like Annie Linskey and Jeanne Cummings, as the former mayor pressed for an expansion of a New York-based politics team. “The reporters there […]

Resnick promoted to editor of Pensions & Investments

Executive editor Amy Resnick has been promoted to editor of Pensions & Investments, a Crain’s publication. She had been executive editor for the past three years. She replaces Nancy Webman, who has become editorial director. A veteran financial journalist, Resnick previously worked as Americas editor of IFR magazine, a Reuters publication that focuses on capital […]

WSJ closing bureaus, consolidating economics coverage, cutting back on personal finance

Wall Street Journal editor Gerard Baker sent out the following message on Thursday: The media environment in which we operate continues to change at a dizzying pace. New media proliferate and business models are disrupted, dismantled and reconstructed with lightning speed. For traditional news organizations, it is no longer sufficient – if it ever was […]

Layoffs occurring at WSJ

Joe Pompeo of Capital New York reports Thursday that layoffs are happening within the Wall Street Journal newsroom. Pompeo writes, “Tim Martell, executive director of the Indepenent Association of Publishers’ Employees, a union that represents 477 U.S.-based members of the roughly 1,800-person combined global newsroom of the Journal and Dow Jones’ Newswires, told Capital management […]

Bloomberg reporter memo lays bare the newsroom bureaucracy

Here is a copy of the memo written by Bloomberg reporter Dawn Kopecki to editors: To: Marty Schenker, Josh Tyrangiel CC: D.C. Bureau From: Dawn Kopecki Re: Washington D.C. Bureau Restructuring Bloomberg News is without a doubt in the midst of major shift as the news organization stumbles its way through a new media world […]

Consumer Reports lays off 17 staffers

Consumer Reports has laid off 17 staffers this week, sources confirmed Wednesday. Six of those laid off were managers while 11 were members of the News Guild. Consumer Reports is also said to be creating six new guild positions in its IT department. “Discontinuing two of our niche print publications as part of the realignment […]

Bloomberg’s DC staff still not happy with management

A 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, […]