WSJ Offers Buyouts to Staff

Number of offers undetermined

Buyouts have been offered to employees of The Wall Street Journal and DowJones Newswires, Romenesko reported, citing a tip from an anonymous Journal staffer.

The staffer said he was given one week to decide. In an update to the original post, Romanesko has since crossed out the reporter's assertion that "the offer is going to all employees."

A Wall Street Journal spokesperson told Romenesko, "Buyouts have long been an option for staff.”

A spokesperson for the Journal's newsroom union, Tim Martell, reiterated this statement, saying, "There is no across-the-board buyout offer to WSJ or Newswires employees.

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