Friday, May 05, 2006

Dow Jones Considering Outsourcing IT, Accounting Jobs

Dow Jones & Co. Inc. is considering cutting jobs in its finance and information technology divisions as the media company seeks ways to reduce expenses in the face of higher newsprint costs, reports Reuters.

According to Reuters, Dow Jones has told its employees in a memo last week that it was considering whether to outsource some of the jobs. No newsroom positions are to be cut.
Dow Jones, which also runs Dow Jones Newswires, Barron’s, MarketWatch and the Ottaway community newspapers, in April reported a higher quarterly profit but warned that second-quarter results would fall short of expectations.

No comments: