The Wall Street Journal wants a “ substantial number ” of newsroom employee to take a buyout , editor - in - gaffer Gerard Bakerannouncedto his staff in a memo sent to WSJ staff Friday morning .
According toPolitico , Ed Finn — the president of Barron ’s , also owned by WSJ ’s parent company , Dow Jones—“apparently meant to forward Baker ’s email to Barron ’s executive so as to discuss what impingement the Journal layoffs might have on forthcoming layoffs ( which had not yet been publicly announced ) at Barron ’s . ”
But he allegedly accidentally clicked “ reply all ” rather of “ onward , ” so Barron ’s employees get an email with the Wall Street Journal ’s promulgation with the following note :
The electronic mail Gerry Baker just sent about wsj buyouts says that dj is offering 1.5x the standard buyout package . Are we project to go to the employee we are laying off at Barron ’s next week and offer up them 1x the standard package . That could create some problems . Please apprize .
Oops .
Finn confirmed to Politico by email , “ It was a mistake . ”
[ Politico ]
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