Layoffs. Again.
/More layoffs hit WSJ this week, this time in our South Asia bureau. IAPE members stand in solidarity with all Dow Jones employees affected by layoffs.
IAPE learned Thursday that four Dow Jones employees received layoff notices in South Asia, dwindling the size of the bureau to only three employees. While these employees were not IAPE-represented, they come as the latest blow in a year that has seen huge cuts–even as the company repeatedly boasted record profits. The number of IAPE-represented jobs lost through layoffs in 2024 sits at 79, a count that does not include the slashing of several non-IAPE positions at international bureaus.
This marks the second time in as many months that IAPE has had to put out the notice of our colleagues’ jobs being eliminated with little fanfare.
As Dow Jones CEO Almar Latour said after announcing yet another profitable quarter on November 8, “Our current success would not be possible without the continued hard work and dedication from each of you.” That includes our colleagues who have just lost their jobs. The steady drip of cuts has prompted questions about the company’s stated commitment to quality journalism as it seems uninterested in retaining talent and knowledge–or the burden on those left behind.