Between 20 and 40 Axed at Wall Street Journal

In what the Wall Street Journal describes as evaluating the newsroom, the New York Times reports that 20 to 40 staffers lost their jobs:

Dow Jones, the Journal’s parent company, declined to answer specific questions on the layoffs, or confirm the details, but provided a statement saying it had been evaluating the newsroom “to target areas for growth and deploy our resources globally.”

Apparently "evaluating the newsroom" to "target areas for growth" is the New CorporateSpeak for "you're fired."

 

Follow John Nolte on Twitter @NolteNC


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