wall StreetSecond largest division of daily newspapers –WashingtonOffice, significantly only in Februaryretrenchment, 30 people lost their jobs. At a time of turmoil, it was reported that hundreds of employees who had always performed well were being interviewed due to poor performance. Employees launched a rare mass strike on the 28th.

Business Insider reported that Wall Street Journal union members went on strike for 15 minutes on the 28th, accusing editor-in-chief Emma Tucker of targeted firing. The union said a number of departments were involved in the operation to support ongoing union wage contract negotiations.

Martel, the union representative, said that since February, 120 employees who had no previous performance issues were informed about poor performance in recent disciplinary meetings. He suspected this was a sign that the newspaper was planning to lay off employees. According to the union contract, if you are fired due to poor performance, you will not receive severance pay. Another senior employee revealed that a small number of employees who are around 50 years of age have also been targeted.

Meanwhile, veteran journalist Dion Nissenbaum, who was a finalist for the Pulitzer Prize, was fired on the 27th. Many colleagues defended him on social media.

Unlike many media companies, which have weak advertising revenues, The Wall Street Journal’s parent company, News Corp., has recently reported strong financial results. There was much dissatisfaction with Editor-in-Chief Tucker’s personnel reduction actions.

Martel said: “Union staff are realizing that the company is cutting staff at the D.C. branch to increase profits and getting rid of experienced staffers. Our main news office took the lead in a wave of layoffs in Washington in February. Never experienced.” This move sends a message that no one can escape downsizing.”

United States (TagstoTranslate) Wall Street (T) Layoffs (T) Washington