Bloomberg courts trouble by cutting experienced journalists

Keith Kelly of the New York Post writes about how Bloomberg News has run into trouble when it lets go of long-time journalists.

Kelly writes, “‘The targets are the expensive old-timers — those who joined Bloomberg News 10 years ago or more,’ said one veteran who went to court after being given the old heave-ho. He asked not be identified due to a confidentiality settlement.

“‘We are being replaced by cheaper people with less experience as Bloomberg News moves back to its ‘roots’ and heavily into the ‘First Word’ business that basically requires very little journalism experience. It’s all about the money.’

“Next week, the latest court case involving a dismissed Bloomberg journalist is scheduled to get underway in the French labor court.

“Adria Cimino said she was terminated in August 2013, after 10-1/2 years at the company, working out of its Paris bureau.

“‘My problems with the company started with my maternity leave in January 2011,’ she told Media Ink. She said that just before returning, she was approached about working for the new First Word department, but opted not to do so.”

Read more here.