RD Recap: Buyouts at the WSJ; Lonely Planet Debuts U.S. Magazine

The Wall Street Journal is making serious cuts in order to bring the budget in line with expectations. Capital New York hears that it’s “the worst it’s ever been” and that a “serious realignment” is in the offing. This sounds like it goes beyond the typical yearly repositioning of staffers as the newsroom focuses on becoming more digital and mobile first. Voluntary buyouts, targeting older, highly paid staffers are the first option, but we could see layoffs, perhaps even more than the 20 to 40 positions lost last summer when the savings achieved by buyouts didn’t reach the desired monetary figure…