“Most news organizations in the U.S. and around the world are in retreat,” wrote Robert Thomson, managing editor of The Wall Street Journal, in a to staff. “But Dow Jones is expanding its reporting resources, rapidly developing its digital content and providing journalism of the highest integrity to an ever larger audience in The Wall Street Journal. ”
Thomson’s memo set forth his new editorial team structure, designed to create greater “co-operation” between print, online, and newswires. Gawker.com that Laurie Hays, deputy managing editor, is leaving.
The real story beneath the memos will be revealed as the Journal’s evolution from specialist to generalist continues. There is something about this structure that reminds one more of a broadcast outlet than a traditional print company. The so-called “news hub” is designed for speed, not for comfort. As more of the Journal’s old guard departs, we will see how well it can sustain quality and balance as well.