MEDIA

Report: Bloomberg To Lay Off 100 Employees

The cuts could come as soon as Labor Day.

Bloomberg is planning to slim its ranks, sources said on Wednesday.

The financial media giant, which employs about 2,400 journalists across the globe, is planning to lay off about 100 employees, or about 4.2 percent, in its editorial division as soon as Labor Day, The Post has learned.

Many of the layoffs are expected to target politics and government reporters out of the New York and Washington, DC, bureaus, two sources told The Post.

Read more on The New York Post

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