“She will take over at a time of unprecedented volatility in the world on virtually every front — a time for The Journal to continue to double down on our core and on our unique role in society."
"A number of positions will be eliminated. We anticipate it will be a single digit percentage of our employee base, and we will finalize those plans over the coming weeks."
Borrell Associates projects that figure will climb considerably over the next four years as the industry undergoes what it describes as a "great reshuffling."