OLD Media Moves

BusinessWeek workers worried about jobs, severance

November 11, 2009

Jay Yarow of The Business Insider reports Wednesday that some BusinessWeek staffers are worried about whether they will get jobs at Bloomberg once that company acquires the business weekly because it’s not responsible for paying severance.

Yarow reports, “The question for BusinessWeek employees therefore becomes, is a job at a Bloomberg-run BusinessWeek, or just Bloomberg News in general, a job they want?

“According to a BusinessWeek employee, Bloomberg editors ask in interviews, ‘What would you say if I told you that you were going to work for the newswires from seven to seven?’

“In their heads, many BusinessWeek staffers are saying, ‘No thank you!’ But, because they don’t know if this is a test or not, they simply say, ‘okay.’

“Working twelve hour days grinding out news stories would be a radical change of pace for many BusinessWeek employees who’ve gotten accustomed to writing a few stories a week. And that’s if they’re on the web side. On the print side they write even less.”

Read more here.

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