Overview
- Editor-in-chief John Micklethwait announced on July 8 that Bloomberg News has cut an undisclosed number of roles under a department-wide restructuring.
- The reshuffle pairs the credit desk with finance coverage and merges legal reporting with financial regulatory teams to consolidate resources.
- Editor Ian Fisher was among the staffers who publicly confirmed their departures on X.
- Semafor originally reported the layoffs before Bloomberg issued an internal memo detailing the changes.
- Micklethwait says the move will enable Bloomberg News to end 2025 with a larger overall newsroom after prioritizing operational efficiency.