This is the headline in today’s Financial Times. The article, written by Andrew Edgecliffe-Johnson, reports that:
“In a rare disclosure by the privately held news and data company, Bloomberg said its total terminal numbers had fallen by 11,470 or 4 per cent, from a peak last November of 268,800.”
However, even with the drop in the sale of terminals, revenues for Bloomberg in the last year have risen from $5.8 billion dollars to $6.2 billion dollars and Bloomberg is ‘planning to add 1000 employees’.