Happy Labor Day: Bloomberg Cutting 3.3% Of Its Newsroom Employees

When Mayor Bloomberg was in charge of the NYCDOE, New York City teachers could look forward to threats of layoffs every budget season.

Mayor Mikey has taken his fondness for layoff private in his retirement:

While a big round of layoffs is expected to hit this week, the number of pink slips handed out will likely be lower than previously expected.

The financial news and data giant will cut 80 people, or about 3.3 percent of its 2,400 newsroom employees, as early as Tuesday, according to a source familiar with the plans.
The Post first reported Aug. 19 that Bloomberg was gearing up to cut as many as 100 employees by Labor Day — but that number has been whittled down, sources said.

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Layoffs are rare — but not unprecedented — at a company that has long stressed loyalty above all else. In 2013, Bloomberg trimmed 50 journalists who wrote about arts and sports, along with much of its projects and investigations team.

There are a lot of complaints that de Blasio hasn't changed much about the Bloomberg ED policies and DOE agenda, but one thing he has changed:

We haven't had the annual "10,000 teachers are slated to be laid off" news when he announces his budget the way we did under Bloomberg.