Categories: OLD Media Moves

Buyouts offered at Wall Street Journal

Jim Romenesko is reporting on his blog that The Wall Street Journal has offered a buyout to an unspecified number of business journalists in the newsroom.

Dow Jones spokesman Robert Christie e-mailed Romenesko and stated, “IÂ can confirm that WSJ is doing some optional buyouts and a bit of restructuring in the news department. I don’t have the exact number.”

Christie also stated that the paper was still doing some hiring in specific locations.

The Journal and other Dow Jones properties are expected to be sold next week to News Corp., which is run by Rupert Murdoch.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.