Bloomberg bullish about 2009
TALKING BIZ NEWS EXCLUSIVE
A note send to Bloomberg employees by the company’s top executives on Tuesday expressed a positive tone about the next year, noting that the company planned to hire more employees and sell more terminals.
The note came from chairman Peter Grauer and president Dan Doctoroff.
The e-mail stated, “We will be adding significant headcount across many of our businesses to help build new product, enter new markets, break more news and enhance customer service. That said, we do expect much slower growth next year. Our projections are to install 10,000 terminals in 2009, including zero in the first quarter. Depending on market conditions, that may be optimistic.”
Bloomberg is likely to lose installed terminals during the fourth quarter of 2008 due to the sale of Merrill Lynch to Bank of America and the bankruptcy of Lehman Brothers.