WSJ set to cut 25 jobs
Kenneth Li and Ben Fenton of the Financial Times report Wednesday that The Wall Street Journal is expected to cut some jobs as part of a widespread trimming at parent News Corp. Li and Fenton write, “The Wall Street Journal, which has avoided deep cuts in the newsroom — considered the lifeblood of the organisation — is […]
Bloomberg ME leaves to become Wall Street Journal markets editor
TALKING BIZ NEWS EXCLUSIVE Emma Moody, a longtime business journalist at Bloomberg News, turned in her resignation on Tuesday for an editing job at The Wall Street Journal. In an attempt to get her to stay, Bloomberg on Monday promoted Moody to managing editor for corporate news in North America, reporting to Laurie Hays, herself […]
Cuts coming at Wall Street Journal
Jeff Bercovici of Conde Nast Portfolio reports Friday that newsroom cuts are expected next week at The Wall Street Journal. Bercovici writes, “According to multiple sources within and close to the Journal, the newsroom is due to undergo another round of personnel cuts late next week. It’s unclear exactly how many employees will be affected, […]
SmartMoney names president
Andrew Seibert has been named to the newly created position of president of personal finance magazine SmartMoney. SmartMoney is a joint venture between Hearst Corp. and Dow Jones & Co. Seibert will continue in his current position as vice president and publisher of SmartMoney’s Custom Solutions, the venture’s custom publishing arm. “Andy has done a […]
Dow Jones names new Houston bureau chief
Grainne McCarthy, managing editor of Dow Jones Newswires’ energy coverage, made the following announcement on Monday: “I am delighted to announce that Angel Gonzalez has returned to Dow Jones Newswires as Houston bureau chief. Angel takes on this position as the outlook for the energy industry has turned more uncertain, after years of blockbuster earnings […]
White powder found in Dow Jones newsroom
The Associated Press is reporting that police are testing two envelopes found at the Dow Jones Inc. building in New York City that houses The Wall Street Journal. They contained a white, powdery substance. The AP story stated, “The envelopes were found Wednesday on the 11th floor of the building in Lower Manhattan. “Further details […]
FT journalists plan protest on job cuts
Dow Jones is reporting that the journalist who work for the Financial Times are planning a protest Thursday regarding planned job cuts at the business newspaper. Dow Jones reports, “FT management wants to ax 20 editorial jobs — but only 11 volunteers have come forward, the union said in a statement on its Web site. “Former […]
SmartMoney makes layoffs
Jason Fell of Folio reports that personal finance magazine SmartMoney, a joint venture between Dow Jones & Co. and Hearst, has laid off a number of employees. Fell writes, “A spokesperson has confirmed that there has been a round of layoffs at the magazine but declined to say exactly how many people were let go. “‘SmartMoney […]
Dow Jones freezes salaries for 2009
Patrick Gavin of FishBowlDC has posted a memo from Dow Jones & Co. CEO Les Hinton in which the owner of The Wall Street Journal, Marketwatch and Barron’s says it is freezing salaries for 2009. In the memo, Hinton states, “Therefore, as we continue to look for further cost efficiencies, I have decided to implement […]
Deal struck to distribute Dow Jones Newswires in Europe
Acquire Media announced plans Thursday to distribute news from Dow Jones Newswires to financial executives in Europe. Under the agreement, Acquire Media will include Dow Jones Financial Wire as part of its standard content in Europe. The news will be delivered from Acquire Media’s new data center in the United Kingdom, which opened last month. […]
