Categories: OLD Media Moves

BusinessWeek workers worried about jobs, severance

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.

Recent Posts

Star Tribune seeks a business editor

The Star Tribune is seeking an accomplished, motivated and versatile journalist and leader to shape…

2 days ago

Newsday seeks a deputy AME for biz coverage

The Deputy AME-Business is responsible for the development and planning of coverage on all Newsday…

2 days ago

CNBC.com promotes two news staffers, hires one

CNBC.com managing editor Jeff McCracken announced Friday the following promotions: In San Francisco, Ari Levy has…

2 days ago

Newsday seeks a reporter to cover commercial real estate

This Newsday reporter will cover Long Island’s commercial real estate market and the region’s evolving…

2 days ago

NY Times seeks a business feature and beat reporter

The New York Times is looking for a versatile editor to edit enterprise and feature…

2 days ago

Lamers departing Marijuana Business Daily

International editor Matt Lamers is leaving Marijuana Business Daily. He has been there for seven years. Lamers…

2 days ago