‘Wall Street Journal’ cuts 14 editorial positions

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New York—The Wall Street Journal said in an internal memo Thursday that it has cut 14 editorial positions.

In the memo, the newspaper’s managing editor, Robert Thomson, blamed a “precipitous decline in print advertising revenue” for the move.

“At the Journal, we are closing the New York-based Fashion and Retail group, though we will maintain coverage and reassign some editors and reporters to other bureaus,” Thomson wrote. “Other groups losing a position include the Los Angeles and Boston bureaus, the New York-based Law, Health and Real Estate groups, and the Library.” Thomson said there were no plans for job cuts at Dow Jones Newswires.

—Sean Callahan

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