While Bloomberg has been laying off people for the past two years, it was only recently when they admitted that Bloomberg’s political arm has been less than stellar. In fact, Bloomberg Politics may be the first major blow after everyone failed to predict Donald Trump’s win.
Bloomberg’s Political show, With All Due Respect which started in 2014, and was helmed by The Circus’s. Mark Halperin and John Heilemann, will be ending after Trump officially becomes President in January. In a restructuring effort to focus more on how politics affects the business and financial world.
While some activists may be tempted to welcome this news with open arms, Bloomberg has shortly become a reputable name in politics, but the shrinking staff at Bloomberg and it’s efforts to hold on to it’s readership, may be the last straw. As Megan Murphy the new editor of the Magazine says, “What will emerge from this will be very different from the stand-alone magazine.”