The Wall Street Journal (WSJ) has announced further layoffs in its U.S. newsroom, impacting at least five staffers, including those in the 'speed and trending' teams. The layoffs come despite Dow Jones, WSJ's parent company, reporting record profits and a new $250 million AI partnership with OpenAI. In response to the layoffs, the union representing WSJ employees staged a walkout at 1 PM, with journalists protesting by plastering sticky notes on Editor-in-Chief Emma Tucker's office. The layoffs are part of broader changes announced by Tucker, including the closure of regional bureaus on the East Coast, Midwest, and West Coast, as WSJ shifts its focus away from regional and local general news. There seems to be no justification for these layoffs other than a wish to cut costs to the bone, according to sources. Additionally, 45 IAPE members have already been laid off this year.
The Wall Street Journal conducted another round of layoffs, explaining that it was pulling back from regional and local general news. It already has cut staff i… Source: NPR https://t.co/CqaWhePR6r
One week ago, OpenAI and WSJ announced a $250M partnership... Today, WSJ announced even more layoffs and the employees were NOT having it Journalists at the WSJ's office in New York plastered EIC Emma Tucker's office with sticky notes protesting job cuts https://t.co/ZiOPBfX6iM
Wall Street Journal union staging walkout after layoff rumors https://t.co/Fred1yoagd https://t.co/4YBbO7vpiG
Memo: WSJ EIC Emma Tucker announces changes in how the outlet covers US news, including closing its East Coast, Midwest, and West Coast regional bureaus (@katie_robertson) https://t.co/EtiVQndF6G https://t.co/6W7Ev8kTMG
Note from WSJ editor Emma Tucker on the latest round of cuts/reorg at the Journal https://t.co/27e7NOUjI7
The union representing editorial staff at The Wall Street Journal announced a walkout Thursday after talk of firings spread. https://t.co/RAes7EH7ot
The rolling layoffs at WSJ continue with no explanation on why, or answers on when it will end. https://t.co/Ag3jwj1W41
Journalists at the WSJ's office in New York have plastered EIC Emma Tucker's office with sticky notes protesting job cuts: https://t.co/z9dqZo9L7Y
WSJ union staging walkout after layoff rumors https://t.co/EiZkcTjIIF
NEW: The Wall Street Journal laid off at least 5 more staffers today with the US news and “speed and trending” teams affected, per 3 sources. “There seems to be no justification for doing this other than a wish to cut costs to the bone,” said one of them. https://t.co/SVSrjeehjw https://t.co/1g2SZHm9Zi
Today @dowjones laid off more employees at @wsj — on top of the 45 IAPE members laid off this year — despite its record profits. We’ve had enough. IAPE members are walking out during their lunch hour to protest these cuts and make it clear to management that we’re worth more. https://t.co/oZPlqtzua6
Well, more @wsj layoffs today. Dow Jones stock is up, margins are up, there’s a new windfall AI deal in place and we’re cutting good reporters.
The Wall Street Journal is expected to do further layoffs in its U.S. newsroom today -- individual meetings have been placed on journalists' calendars Union representing WSJ employees says that it is holding a walkout at 1PM to protest today’s layoffs https://t.co/7mzNlSxWjY
Union representing WSJ employees says that it is holding a walkout at 1PM to protest today’s layoffs https://t.co/9VZhUPu54r https://t.co/L9RHCYS9gA
BREAKING: WSJ reportedly expected to do further layoffs in its U.S. newsroom today
NEW: The Wall Street Journal is expected to do further layoffs in its U.S. newsroom today -- individual meetings have been placed on journalists' calendars, I'm told