Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Fighting to Hear Bad News At BW

? BusinessWeek makes staff cuts |


| Hola Bank! Me llamo Steve ?

September 29, 2006

Fighting to Hear Bad News At BW

Heather Green

I got into my hotel late last night, only to discover that my only Internet option was dialup. So I fought through that to get to my email and find out what's happening in the office--and learn about the layoffs at BW. I knew there was supposed to be a staff meeting yesterday, but there were only rumors that this was about layoffs.

I expected journalism to be hard when I picked this craft. Despite what many people think, you don't go into journalism for the money or glamour. There is very little of that around, besides in TV, frankly. But I could never have expected these kind of wrenching difficulties, living through the reshaping of this craft.

08:44 AM


TrackBack URL for this entry:

Unfortunate to hear, but I'm of the opinion this sort of reshaping is going to occur in other industries in much the same way. Technological convergence is putting most of us - who have always been in clearly separate fields - into one big lump. The boundaries are falling fast and I don't believe most people are anywhere near being prepared.

Posted by: csven at September 29, 2006 09:15 AM

Yep. It is amazing that dial up still exists, but it does. You will hate me for saying this, but there's still a lot of people out there on 'slow speed access.' But you would expect a hotel -- I assume it decent hotel (my coworkers tease me about my flexibility when it comes to hotels and motels) to have high speed access. It can be a quite profit center for them and a nice benefit for their guests.

Some people never learn. Hope things work out for the better next time.


Posted by: scott wilder at September 30, 2006 02:28 AM

It seems that almost no kind of job is secure. Not like back in the old days........My father (around 30 years back) worked for one company his whole life!

I remember working for a little radio station in NJ where 95% of the on-air staff was fired because the station decided to use a feed from California. I believe companies call this kind of thing "downsizing".

Posted by: Rose at September 30, 2006 04:54 AM

blog comments powered by Disqus