New York Post: Bloomberg is planning to slim its ranks, sources said. The financial media giant, which employs about 2,400 journalists across the globe, reportedly plans to lay off about 100 employees, or about 4.2 percent, in its editorial division as soon as Labor Day. Many of the layoffs are expected to target politics and government reporters out of the New York and Washington, D.C., bureaus, two sources said. Mike Bloomberg is looking to cut the fat, according to one insider.