Fourteen journalists leaving due to Bloomberg Markets overhaul

Fourteen business journalists, including three senior writers, are leaving Bloomberg LP as part of the decision to overhaul Bloomberg Markets, sources told Talking Biz News.

Their last day at the company will be Friday. Another 10 staffers will remain at Bloomberg in various roles.

The company announced last month that the magazine, which goes to Bloomberg terminal subscribers, would cut its print issues and relaunch in 2016. The award-winning magazine, which has been published 11 times a year, will now publish about six.

Editors Joel Weber, Stryker McGuire and Jon Asmundsson are remaining and working on a prototype of the news magazine and prepare the launch of a new magazine next year.

Among the senior writers at the magazine, William Mellor in Sydney, Australia, Anthony Effinger in Portland and David Evans in Los Angeles are leaving Bloomberg.

The other six senior writers — Stephanie Baker in London, Jeremy Kahn in London, Yoolim Lee in Singapore, John Lippert in Chicago, Edward Robinson in Longon and Michael Smith in Rio De Janeiro — are staying.

Effinger has been with Bloomberg for more than two decades. He and Lippert were part of a team that won the 2010 Thomas L. Stokes Award for Best Energy Writing from the National Press Foundation.

Evans, who has been with Bloomberg since 1992, won the 2011 John Chancellor Award for Excellence in Journalism from the Columbia University Graduate School of Journalism for revealing how secret profit schemes cheated the families of fallen U.S. soldiers, sickened or killed patients and cost taxpayers billions of dollars.

He was a Pulitzer finalist in 2011, and has been honored with six SABEW Awards, two Gerald Loeb Awards, The George Polk Award, the Sidney Hillman Award and the American Bar Association’s Silver Gavel. Evans won a Sigma Delta Chi award in 2013 for his investigation of how respected national health charities allow telemarketers to mislead donors in order to boost fundraising.

Robert Dieterich, a senior editor at the magazine, is also leaving. He had been at the magazine for eight years and with Bloomberg for 13 years. Gail Connor Roche, another senior editor, is also departing.

It was already announced that editor in chief Ronald Henkoff would be leaving.