Dow Jones Plans to Review Operations at The Wall Street Journal

The Wall Street Journal announced plans Wednesday for a substantial revamp of its print newspaper as parent company Dow Jones & Co. launched a broader review of operations to cut costs in response to a significant decline in print advertising.

Dow Jones Chief Executive William Lewis said the review, dubbed WSJ2020, would seek to come up with an action plan for the next three years and identify the best ways to rebalance revenue streams as the news industry continues to undergo a tumultuous shift toward digital and mobile, in particular.

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