Bloomberg Reporter Suspended Over China Leak, And Now A Round Of Layoffs Might Be Coming
It's been a rough couple of weeks at Bloomberg.
First, there was a story about how Bloomberg was muzzling its investigative operation in China, ostensibly to keep in the good graces of Chinese leadership.
Now the New York Post reports that reporter Michael Forsythe has been put on unpaid leave at Bloomberg after being suspected of being the leaker. The FT confirmed Forsythe's suspension.
Also in the same Post report, it hinted that a round of layoffs could be coming, possibly on the order of 50-100.
And in more public-facing news, this week Bloomberg TV lost start reporter Sara Eisen to CNBC.