WSJ Further Restructures, Loses 14
Rumors of further layoffs at the Wall Street Journal have been floating for the last few weeks, and per a memo sent out today from managing editor Robert Thomson it seems they have arrived.
Thomson says: “It has been necessary today to restructure several other teams at the cost of an additional 14 positions. The number, while regrettable, has been kept to a minimum because department heads have been vigilant in controlling costs and in maximizing our use of existing resources.”
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