Dow Jones (DJ) Zannino Preps Staff For Cuts


Even as some WSJ reporters join a picket line demanding better benefits, Dow Jones CEO Richard Zannino reminds employees in an internal memo that, under the Murdoch regime, job cuts are “unavoidable.”  The good news: Zannino promises to give the soon-to-be-whacked as much notice as possible, along with “severance, benefits, and transition assistance.”  Better news: We’re hiring!  AP

“We promise to tell you when we fire you!”