How many employees may be fired by Bloomberg layoffs?
The news is that around 60 employees will be asked to leave their jobs at Bloomberg.
How many employees does Bloomberg have?
The total no. of employees at Bloomberg is not known as of now.
Any news of previous layoffs by the company
No, this is the first ever layoff by the company in its history since 1981.
Any plants or locations being closed by Bloomberg?
No such data is available.
Which locations will be affected by the Bloomberg Layoffs?
No detailed information is available about that.
Which segment of employees will be affected by the Bloomberg layoffs
The layoffs are happening in the company's unprofitable TV and radio operations.
How much savings can be made by Bloomberg Layoffs?
No information about that, but its only the unprofitable businesses that will get affected by the layoffs. So its more of a loss cutting exercise.
When will the Bloomberg layoffs happen
The layoffs will be done in the next few weeks.
Any severance package for the affected employees?
No info available.
What are the primary reasons of Bloomberg Layoffs
The TV and radio division are losing an estimated $20 million-plus a year, hence the layoffs.
Any other news about Bloomberg?
As per NY Post, More cuts are expected to be unveiled today by Andy Lack, CEO of multimedia operations, and David Rhodes, who runs Bloomberg's TV operation. While the company is still adding people in other divisions, it marks the first-ever big round of layoffs since Bloomberg founded the company in 1981
Let's hope that alternative jobs are available to the affected employees of Bloomberg Layoffs Job Cut
1 comment:
It is really sad to learn that this company is going for layoffs, someone which had never laid off since its start.
Please pray!
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