Executives with Dow Jones & Co., the unit of News Corp
that includes The Wall Street Journal, have told the union representing its employees that it is preparing to restructure operations amid volatility in the ad market.
The Independent Association of Publishers Employees, which has been engaged in contract talks with the company since the summer, said Dow Jones negotiators on Tuesday backtracked on certain proposals in its latest offer, blaming business conditions.
The union said it was told to expect a company restructuring announcement soon, although it sai…
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