Wall Street Journal Has Yet Another Round of Layoffs
Staffers at The Wall Street Journal were hit by another round of layoffs on Wednesday, multiple sources confirmed to The Daily Beast, with employees on the video and social media desks most impacted.
The number of affected employees was at least 11 people, including four producers on the visuals desk, two social media editors, two video journalists, a senior video journalist, a video producer, and one reporter, Tim Martell, the executive director of IAPE 1096, the union that represents Dow Jones publications, told The Daily Beast.
Some of the video staffers laid off include those in the Journal’s Journalists as Creators program, a partnership with Google to develop YouTube channels centered around individual journalists and subject matters. Staffers were told that the agreement was not renewed and the funding for those staffers had lapsed, a Journal staffer told The Daily Beast.