Former Journal reporter, Stephanie Armour, accused The Wall Street Journal of using 'trumped up' performance issues to fire employees with seniority and high medical costs, stating the practice may be more widespread.
Editor in Chief Emma Tucker of The Wall Street Journal denied mass layoffs but admitted to the need for necessary changes to ensure the publication's success in the corporate landscape.
The lawsuit suggests that The Wall Street Journal's use of 'self-insurance' may incentivize laying off staff with high salaries and medical expenses, leading to dual savings for the company.
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