© Reuters. Copies of The Wall Street Journal newspaper are displayed for sale at a newsstand inside Moynihan Train Hall, after the announcement that Rupert Murdoch would step down as chairman of News Corp and Fox in favor of his son Lachlan Murdoch, in New York City
(Reuters) – The Wall Street Journal is planning to restructure its Washington bureau and lay off some staff, news site Axios reported on Tuesday.
“The reorganization will also move some Washington-based economics coverage to New York,” the Axios report said citing sources.
The changes will include “a small number of layoffs as well as some new roles”, the report said.
The Journal and its parent firm News Corp (NASDAQ:) did not immediately respond to a Reuters requests for comment.
The report follows a string of layoffs in the U.S. media sector. The Washington Post, Business Insider, Conde Nast, Sports Illustrated and TechCrunch, among others, have all laid off staff over the last few months.
The WSJ had named Damian Paletta as Washington Coverage Chief on Jan. 18.