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Wall Street Journal layoffs hit Europe, Asia bureaus
The Wall Street Journal is laying off employees at international bureaus in Europe and Asia, a union representative told Bloomberg News on Tuesday.
It's unclear how many jobs will be cut, according to Timothy Martell, the executive director of the Independent Association of Publishers' Employees 1096.
The union represents workers at Dow Jones, a News Corp. subsidiary that owns the 127-year-old newspaper.
"This is ongoing work as part of the WSJ 2020 program announced last year. We remain committed to covering the region and will continue to do so robustly," a spokeswoman for Dow Jones told Bloomberg.
The layoffs come as part of a strategy for the newspaper over the next three years to focus on "mobile-driven membership efforts" to counter steep declines in print ads. In 2016, the Wall Street Journal eclipsed one million digital subscribers.
Tuesday's layoffs are the second round to occur at the paper in the past three months.
Politico first reported the layoffs Tuesday morning.