Layoffs at Wall Street Journal as Part of Newsroom Re-evaluation

The Wall Street Journal has cut between 20 and 40 staff members in recent weeks, according to people familiar with the matter, as part of a re-evaluation of its newsroom that came at the end of its financial year.

Some of those laid off were informed at the end of June, which also marked the final days of the newspaper’s fiscal year. The layoffs have not been announced to the newsroom staff, according to two people familiar with the matter.

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.” As a result, Dow Jones said, “we will be eliminating certain positions.”

Those laid off include veteran reporters and editors at the newspaper.