Bloomberg Media is cutting back in Los Angeles, Washington D.C. and New York City, including shutting down its Los Angeles television operations, reports TVNewser.
Three jobs will be cut in Los Angeles, as will up to five jobs in New York and 15 jobs in Washington, D.C. Bloomberg is reworking its political coverage, including moving its TV production to New York.
With the changes, Bloomberg is canceling its long-running Sunday morning show “Political Capital with Al Hunt,” according to Politico.
“We will continue to expand our Washington coverage. We’re launching a new politics platform — including for the first time a daily political show — expanding initiatives like First Word DC, investing in financial crimes reporting, and the changes are a part of the overall new structure being put into place,” Bloomberg spokeswoman Amanda Cowie told Politico.