The fall: Wall Street Journal to end print editions in Europe, AsiaStaff Writer | September 30, 2017
The Wall Street Journal is closing down print editions in Europe and Asia as a result of shrinking advertising.
Media The WSJ is scaling down
The article said affected staffers have been reassigned.
Over the past year, the Journal has been implementing WSJ 2020 — a three-year plan to adapt to consumers who are getting their news increasingly on their mobile phones.
Part of the plan involved staff cuts and folding and merging some sections of the print newspaper.
In the most recent quarter, the parent’s ad revenue fell 12 percent.
The Journal had about 1.3 million digital-only subscribers at the end of the quarter. The paper has also been raising the price of subscriptions. ■