WSJ Cuts Internships in Half

It’s bad news when a paper has to cut its lowly paid interns in half, but that’s the case at The Wall Street Journal.

The WSJ’s deputy managing editor Deborah Brewster made the announcement in a piece for the University of North Carolina College Business Consortium. She wrote “Next year, we will be taking fewer interns — about 15 — but we will still offer a broad range of possible placements.”
She goes on to explain who should apply to the internship, which includes everyone that has a serious desire to work in journalism. But she doesn’t explain why the internship program has been cut in half.
It could be because the company wants to assure there’s room to hire the students after the internship ends, but we’re not sure. I’ve sent the question to Brewster, and will let you know if I hear anything.