{"id":146287,"date":"2021-02-18T16:50:43","date_gmt":"2021-02-18T21:50:43","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=146287"},"modified":"2021-02-18T17:01:12","modified_gmt":"2021-02-18T22:01:12","slug":"bloomberg-fires-dozens-of-journalists-after-wasting-1-billion-on-failed-vanity-campaign","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloomberg-fires-dozens-of-journalists-after-wasting-1-billion-on-failed-vanity-campaign\/","title":{"rendered":"Bloomberg Fires Dozens of Journalists After Wasting $1 Billion on Failed Vanity Campaign"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbloomberg-fires-dozens-of-journalists-after-wasting-1-billion-on-failed-vanity-campaign%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=146287&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/bf-final-e1613681336936.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>Michael Bloomberg, sometimes referred to as &#8220;Mini Mike&#8221; due to his obsession with <a href=\"https:\/\/freebeacon.com\/politics\/busted-bloomberg-used-box-to-boost-height-as-nyc-mayor-investigation-finds\/\">standing on boxes<\/a> to appear taller, <a href=\"https:\/\/abcnews.go.com\/Politics\/mike-bloomberg-spent-billion-month-presidential-campaign-filing\/story?id=70252435\" target=\"_blank\" rel=\"noopener\">spent<\/a> more than $1 billion running for president in the 2020 Democratic primary. His vanity campaign lasted less than four months and was even more embarrassing than the failed campaigns of Beto O&#8217;Rourke and Kamala Harris.<\/p>\n<p>With a <a href=\"https:\/\/www.forbes.com\/profile\/michael-bloomberg\/?sh=7866eb6f1417\" target=\"_blank\" rel=\"noopener\">net worth<\/a> of $55 billion, Bloomberg could afford to drop a cool billion on pointless self-promotion, just as he could afford to <a href=\"https:\/\/freebeacon.com\/2020-election\/bloomberg-short\/\">spend<\/a> another $115 million on an unsuccessful campaign to flip Florida, Ohio, and Texas for Joe Biden.<\/p>\n<div class=\"posts-content__category-widget md:hidden -ml-4 -mr-4 my-8 px-4 py-6 bg-gray-100\">\n<h4 class=\"mt-0 text-red-600 font-medium font-sans uppercase\">Recent Stories in Politics<\/h4>\n<\/div>\n<p>Bloomberg apparently considers these expenditures far easier to justify than continuing to fund the salaries and benefits of dozens of hardworking journalists at his media conglomerate, Bloomberg News.<\/p>\n<p><em>Variety<\/em> <a href=\"https:\/\/variety.com\/2021\/tv\/news\/bloomberg-news-layoffs-editors-1234906168\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> last week<em>&nbsp;<\/em>that Bloomberg News was laying off &#8220;approximately 90 staffers,&#8221; including a number of employees who had been with the company &#8220;for decades.&#8221; Bloomberg editor in chief John Micklethwait told staff members the layoffs were necessary to improve &#8220;accountability&#8221; within the organization.<\/p>\n<p>The layoffs came days after Hawkfish, the Bloomberg-backed data firm that was previously <a href=\"https:\/\/www.politico.com\/news\/2021\/02\/05\/bloomberg-data-firm-hawkfish-closing-466128\" target=\"_blank\" rel=\"noopener\">hailed<\/a> as &#8220;the future of Democratic politics,&#8221; announced it was shutting down. The firm was heavily involved in Bloomberg&#8217;s failed presidential campaign, as well as his failed effort to win the state of Florida for Biden.<\/p>\n<p>It is hardly the first time Mini Mike has revealed how little he cares about his employees. During his brief campaign for president, he amassed a staff of more than 2,000, in part by promising to pay their salaries and provide benefits through November 2020 even if he failed to win the nomination.<\/p>\n<p>Bloomberg dropped out of the race in March and promptly fired most of his campaign staff\u2014on the cusp of a global pandemic\u2014and promptly ended their health care benefits. Dozens of former campaign employees <a href=\"https:\/\/www.npr.org\/2020\/04\/03\/826041256\/mike-borrowed-my-credibility-and-abused-it-fired-bloomberg-campaign-workers-spea\" target=\"_blank\" rel=\"noopener\">sued<\/a> Bloomberg to recover the salary and benefits they were explicitly promised, and ultimately shamed Mini Mike into <a href=\"https:\/\/www.npr.org\/2020\/04\/27\/846385422\/bloomberg-campaign-to-fund-health-insurance-for-fired-staffers-until-november\" target=\"_blank\" rel=\"noopener\">covering<\/a> their health care costs through November.<\/p>\n<p>Months later, Bloomberg was in court seeking the <a href=\"https:\/\/www.politico.com\/states\/new-york\/albany\/story\/2020\/06\/15\/bloomberg-asks-court-to-toss-suit-from-former-campaign-aides-1293044\" target=\"_blank\" rel=\"noopener\">dismissal<\/a> of a class-action lawsuit brought by more than 100 former employees attempting to recover the guaranteed income they were promised upon joining the campaign. In September 2020, a federal judge <a href=\"https:\/\/lawandcrime.com\/awkward\/judge-allows-lawsuit-accusing-bloomberg-campaign-of-violating-the-law-to-move-forward\/\" target=\"_blank\" rel=\"noopener\">ruled<\/a> against Bloomberg and allowed the lawsuit to proceed.<\/p>\n<div class=\"my-8 hide-print\">\n<div id=\"div-gpt-ad-1526555381173-4\" class=\"mobile-250 desktop-90\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Bloomberg, sometimes referred to as &#8220;Mini Mike&#8221; due to his obsession with standing on boxes to appear taller, spent more than $1 billion running for president in the 2020 &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2181508,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/bf-final-e1613681336936.jpg","fifu_image_alt":"Bloomberg Fires Dozens of Journalists After Wasting $1 Billion on Failed Vanity Campaign","footnotes":""},"categories":[],"tags":[],"class_list":["post-146287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/bf-final-e1613681336936.jpg","fifu_image_alt":"Bloomberg Fires Dozens of Journalists After Wasting $1 Billion on Failed Vanity Campaign","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/146287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=146287"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/146287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2181508"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=146287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=146287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=146287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}