In June, the Wall Street Journal announced layoffs that included “scaling back significantly” its personal finance team.
Those layoffs are taking effect this Friday. However, those who received a layoff notice could apply for another job at the Journal.
Talking Biz News has learned that personal finance editor Robert Sabat has decided to take the severance package and will be leaving the paper.
Sabat became personal finance editor in October 2013. He was deputy personal finance editor for the previous three years. Before that, he was an editor at Personal Journal, where he edited a wide range of stories, ranging from the wealth-management “class system” to Ruth Simon’s prescient stories on the mortgage bubble and Jeff Zaslow’s Moving On column.
Before coming to the Journal, he was an editor at magazines including SmartMoney, Interview, GQ and Us Weekly. He is a 1980 graduate of Brandeis University.
