Wednesday, September 24, 2003
Karma comes knocking with a pink slip
As a rule I hate to see anyone lose their job. The devastation to their family, the anxiety, the fear of what the future might hold. But (and you knew there would be a "but") I couldn't help but smile when I read this this morning:
The Wall Street Journal, which is published by Dow Jones & Co. Inc., said it is cutting 12 editor jobs in three key cities to streamline its news desk operation and reduce costs.
In a company announcement made available to the press on Tuesday, managing editor Paul Steiger said the positions would be eliminated from Wall Street Journal offices in New York, Brussels and Hong Kong.
...yet John Fund and Peggy Noonan still draw a paycheck. That's got to be salt in the wound.