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Bloomberg News axes 90 as top editor blasts staff
NY Post ^ | February 11, 2021 | Keith J. Kelly

Posted on 02/11/2021 4:29:34 PM PST by george76

John Micklethwait, the top editor of Bloomberg News, blasted the rank and file for spotty performance over the past year as he unveiled cuts of approximately 90 people in the editorial and research departments.

...

We all know that we also ‘lost’ stories because we moved too slowly,” he continued. “Teams waited for somebody to back-read a piece or ignored the requests from the News Desk to get a blast out quickly. Managers spent too much time setting up conference calls when they should just have been writing. Or teams suddenly delivered enterprise pieces that nobody wanted.

“Covid has highlighted these strengths and weaknesses. But in truth they have been evident for some time.”

Most of the cuts are in the editorial ranks which he is attempting to engineer to move stories more quickly.

...

A spokeswoman declined to comment when asked if any particular stories triggered the outburst for the company owned by former Mayor Mike Bloomberg.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: New York
KEYWORDS: bloomberg; bloombergnews; enemedia; learntocode; media; msn; news; newspapers; oldmedia
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1 posted on 02/11/2021 4:29:34 PM PST by george76
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To: george76

Better to be wrong and first, then correct and last...


2 posted on 02/11/2021 4:32:09 PM PST by EEGator
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To: EEGator

Then = than.
See, I need an editor.


3 posted on 02/11/2021 4:32:45 PM PST by EEGator
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To: george76

They will need to start another war or something to keep relevant.

Guess who it’s against?


4 posted on 02/11/2021 4:35:09 PM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: george76

What, the other outlets got their made-up lies about Trump out right away while Bloomberg’s editors were still fact-checking like it is 1957? Don’t they know the information war demands speed, and accuracy is virtually irrelevant? /s


5 posted on 02/11/2021 4:40:18 PM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: george76

“Most of the cuts are in the editorial ranks which he is attempting to engineer to move stories more quickly.”

This is going to go well.

I hope they have a big budget to cover the libel claims.


6 posted on 02/11/2021 4:45:59 PM PST by CheshireTheCat ("Forgetting pain is convenient.Remembering it agonizing.But recovering truth is worth the suffering")
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To: george76

Axe Mike Bloomberg.


7 posted on 02/11/2021 4:55:02 PM PST by Bonemaker (invictus maneo)
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To: george76
John Micklethwait

Thuffering Thuccotash!


8 posted on 02/11/2021 4:55:36 PM PST by rfp1234 (Caveat Emperor: Comitii asinorum atque rhinocerorum delendi sunt.)
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To: george76

“Moved too slowly!” HAH! They actually may being doing their job rather than publishing lies and innuendos!


9 posted on 02/11/2021 5:05:01 PM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: george76
Bloomberg News axes 90 as top editor blasts staff

Gee, No Longer Useful Idiots, who woulda thunk it?

10 posted on 02/11/2021 5:14:29 PM PST by Navy Patriot (Celebrate Decivilization)
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To: george76

John Micklethwait has been in his position for six years. Perhaps it is a leadership issue.


11 posted on 02/11/2021 5:39:05 PM PST by Stingray51 ( )
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To: Stingray51
Perhaps it is a leadership issue.

You're right about that! If you have to fire 90 people and it's not because you're broke, you hired wrong--90 times in a row--or you couldn't teach a horse to crap.

12 posted on 02/11/2021 5:57:57 PM PST by SamuraiScot
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To: george76

WOW just wow


13 posted on 02/11/2021 5:58:51 PM PST by jocon307 (Dem party delenda est!)
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To: george76

Could it be our cutting the cord is having an effect?


14 posted on 02/11/2021 6:11:37 PM PST by TwelveOfTwenty (Still praying for our country and President Trump)
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To: EEGator

>> Then = than.
>> See, I need an editor.

Nothing wrong with the progression from bad then to worse... lol


15 posted on 02/11/2021 6:16:55 PM PST by Gene Eric (Don't be a statist!)
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To: george76

They can all become farmers now. It’s easy, just put a seed in the ground.


16 posted on 02/11/2021 6:17:19 PM PST by wrcase
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To: wrcase
-- They can all become farmers now. It's easy, just put a seed in the ground. --

I have a supply of typewriter seeds. Cheap. Never used.

17 posted on 02/11/2021 6:21:12 PM PST by Cboldt
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To: george76

As I understand his reasoning, a large chunk of his staff did not get the news stories out fast enough because they were taking the time to check and verify the accuracy of each story.

What am I missing here? It sounds like this blithering idiot wants to emulate the Wash Post and NY Slimes and lower Bloomberg News all the way down to their levels.


18 posted on 02/11/2021 6:27:40 PM PST by CdMGuy
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To: george76

Looks like Bloomberg didn’t get the expected ROI on his 2020 investments.


19 posted on 02/11/2021 6:49:25 PM PST by nicollo (I said no!)
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To: EEGator

Publish any and all lies QUICKLY... Slow-walk the truth...
Propaganda organizations like the msm have to stick to their purpose of chaos and balkanization...

There is no political or financial fallout for lies anymore...

The serfs will believe anything that is repeated often enough, even when there are admissions of falsehoods later...

The American serfs do not care one bit about anything except those promised $2000 checks...


20 posted on 02/11/2021 6:51:08 PM PST by SuperLuminal (Where is Joe McCarthy now that we desperately need him sober?)
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