WSJ Acquisition Living up to Worst Expectations

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Since Rupert Murdoch began courting the Wall Street Journal way back in May, people working at Dow Jones feared the acquisition would come at the price of job cuts and loss of editorial control.

The merger hasn’t been finalized yet, but reporters are already seeing some of their fears realized. CEO Ricahrd Zannion announced yesterday that “there will be some changes … where job cuts are unavoidable, we will communicate that as soon as practical.”

In other words, start stocking up on office supplies and updating your resume now.

Original post by Perez Hilton and software by Elliott Back

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