Wall Street Urinal to downsize substantially [View all]

[ChairmanAgnostic]

They just issued a notice to all employees - "Take our buyout offer."

News Corp’s The Wall Street Journal on Friday offered all of its news employees the option to take buyouts, according to a memo reviewed by Reuters.

“We are seeking a substantial number of employees to elect this benefit, but we reserve the right to reject a volunteer based on business considerations,” wrote Gerard Baker, editor in chief of The Wall Street Journal.

http://www.rawstory.com/2016/10/wall-street-journal-offers-all-news-employees-the-option-to-take-buyouts-memo/

Ever since the reptilian Lord Morlock decided to add the Urinal to his Fox News mega-corp, I started to wonder how soon the Fox way of doing things would adversely impact its continued operations. One thing about the Urinal, before the purchase, its OP-ED pages were hideous blatherings of ultra-conservative isms and beliefs, competing with Washington Times in a race to the bottom. But, its news pages, although clearly centered on and about business, trade, and related topics. Conservative? Sure, but they used to play it straight with facts, even unpleasant ones.

Once Fox took over, the OP-ED began to bleed into the news columns, as many predicted. I guess that shift has turned off readers. Downsizing (or as Human Resources calls it, reorganization for future progress and sustainability) is now a reality.