OLD Media Moves

Jobs cut at WSJ, but new jobs going to Dow Jones Newswires

July 26, 2008

John Koblin of the New York Observer points out how Dow Jones & Co. was able to spin its announcement of 50 job cuts at the Wall Street Journal by noting that they were also hiring 95 new journalists.

Wall Street JournalJust one problem: The new journalists won’t be going to the Journal.

Koblin writes, “A spokesman for The Journal, Bob Christie, told Media Mob that those new hires will all be assigned to Dow Jones news wires, not at The Journal. Mr. Christie reminds us, however, that wire copy can be used, of course, inside the pages of The Journal.

“And what’s the time frame for these hires? He said they’ll start now, and there’s no end date in mind. So, conceivably, Mr. Thomson can take as long as he wants to hire.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.