Merrill Knox of TVNewser.com reports that Bloomberg Television is likely to lay off some employees in its London operation.
Knox writes, “Bloomberg Television is launching a review of operational efficiencies in its UK broadcast division, a two-week process which will likely result in layoffs before the end of the year.
“Bloomberg Media Group COO Paul Bascobert announced the review, which will focus on its engineering and back-office productions, to London-based staffers this afternoon. No decisions have been made yet about how many jobs will be eliminated, a Bloomberg TV spokesperson said.
“‘Bloomberg Television is reviewing its engineering and back-office production functions to improve operational efficiencies on a global scale. We remain dedicated to reporting European stories, companies and trends as well as the market developments during the European trading day with the same comprehensive focus,’ the spokesperson told TVNewser. ‘We are firmly committed to the growth of our London and global business and project overall growth in London-based employment over the next year and beyond.'”
Read more here.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…