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James Mitchell Ⓥ

@MesMitch

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Billionaire and Democratic presidential hopeful Mike Bloomberg has added CityLab to the growing roster at Bloomberg Media, and the first order of business for the billionaire - oh sorry, did we mention that already? - will be to lay off more than half the reporting staff.🖤😔

According to Mother Jones, Bloomberg Media will only bring seven people from the CityLab staff on board. CityLab, an offshoot website of the Atlantic, currently has about 13 full-time staff and three contractors.

CityLab staff writer Kriston Capps made a point that this may not all be on Bloomberg. It appears that in this acquisition, the Atlantic preemptively laid off the ENTIRE staff. Now SOME can reapply for jobs. Some cannot.

At first campaign visit to California, Bloomberg made a big deal about launching a “war on poverty”. Hope that includes something for these laid-off reporters!🖤

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