Wall Street Journal editor in chief Emma Tucker sent the following to the staff on Thursday:
Today we announced some changes to our London news operation.
We are bringing together our business, finance and economics coverage in the same way we did successfully in Singapore last year. This new combined team will report to Alex Frangos, and its reporters will have a wide remit to seek out distinctive and consequential stories in the region and beyond.
We also announced the appointment of Brad Reagan as an enterprise editor in London. Brad is a deeply skilled big-story editor who has been behind some of our most ambitious and successful work. This will increase our capacity to turn-around high-ambition enterprise work faster and more flexibly in the region. Brad will report to Bruce Orwall in New York.
This new structure means that we are proposing to close a small number of beats that have a narrower focus, or where we have adequate global coverage in other bureaus. As a result, there will be some redundancies. Those whose jobs will be affected were notified yesterday.
I understand that change is unsettling and I want to thank the team in London for their professionalism during this difficult process.