Dugan writes, “In the last week alone, at least four senior editors have been laid off, according to sources.
“They include Bob Brennan, a markets editor first hired in 1993; John Lippert, a senior writer who covered the auto industry, first hired in 1995; Chuck Stevens, most recently an editor at Daybreak, a fast-news product, hired in 1996, and Faris Khan, a senior editor covering corporate finance who joined in 2010, the company confirmed.
“Ty Trippet, a spokesman for Bloomberg, insisted that the headcount at Bloomberg has increased this year. He didn’t comment on recent departures.
“But insiders said they fear that departures of better-compensated employees — and staffing up of younger, cheaper reporters — are part of the game plan as the company primps for a possible sale.
“Older editors at the financial news operation can make upwards of $250,000 a year, while new hires can make about a quarter of that, former employees have told The Post.”
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