Jeff Bercovici of Conde Nast Portfolio reports Friday that newsroom cuts are expected next week at The Wall Street Journal.
“It’s also rumored that there will be parallel cuts at Dow Jones Newswires, and that one or more Journal bureaus may be eliminated as part of the cutbacks. A Dow Jones spokeswoman declined to comment.
“Since Rupert Murdoch took over Dow Jones at the end of 2007, the Journal has been relatively exempt from the wave of downsizing that has swept the newspaper industry. The exception was last summer when the paper eliminated 50 copy editing jobs in South Brunswick, N.J., and handed out a passel of exit packages. (Some of the copy desk jobs were re-created in Manhattan.)”
Read more here.
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