Former Bloomberg TV Anchor Schneider on Being Laid Off

Mike Schneider, an anchor at Bloomberg Television who was laid off last year in a purge of the organization’s staff, talked to Jerry Barmash of Fishbowl NY about how it all went down.

Barmash writes, “Looking back at the events of 18 months ago, Schneider brings his signature gravitas to the situation.

“‘I’ve been in this business for three decades. I’ve seen cutbacks come in every decade,’ Schneider says. ‘With what was going on on Wall Street, and with the fact that leadership had changed at Bloomberg in order to try to deal with the new realities of the business world…I wasn’t surprised.’

“But the veteran newsman was concerned for his talented friends who joined him on the unemployment line.

“‘A lot of the people with whom I worked that got laid off were, and are, very good people,’ Schneider says. ‘Nobody likes to see good people get hurt.’”

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