The Wall Street Journal Is a Shell of Its Former Self

It’s just sad what’s become of the Wall Street Journal.

Last month the Journal started slashing staff and sections, as this Fortune piece noted.

Wall Street Journal Begins Layoffs, Cuts Sections

Shakeup comes amid cost cutting push.

News Corp’s The Wall Street Journal will launch a new format for the newspaper with fewer sections on Nov. 14, and has begun laying off employees as part of an effort to cut costs, according to two memos reviewed by Reuters on Wednesday.

On Wednesday, the Journal laid off staff of its Greater New York section, according to a memo sent on Wednesday from the International Association of Publishers’ Employees to members of the union at the paper. The layoffs include 19 IAPE-represented employees.

The layoffs came just weeks after Dow Jones & Co, the News Corp unit that oversees the newspaper, announced a three-year plan to cut costs in response to a decline in print advertising.

Exhibit A: Wednesday’s edition of the Journal, which consisted of two (!) sections, both of which struggled to be substantial.

On the good-news front, though, the Journal has finally established an e-edition of the paper, something that’s been long overdue.

So we’ll see, yeah?

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