Jeff Bercovici of Conde Nast Portfolio reports Monday that a number of Wall Street Journal staff members have been given exit packages, with more on the way.
“But the number of Journal refugees could be about to rise sharply if a rumor now circulating proves true: The word is a long-expected cull of copy editors at the paper’s South Brunswick office is scheduled for later this week. Evidently, the thinking is that it will be easier to eliminate most of the New Jersey-based copy desk and restaff the department as necessary following the paper’s move to its new Midtown offices later this year than to relocate everyone involved. I’m hearing the number of employees affected will be in the dozens.”
Read more here.
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