It’s happened before and it will likely happen again. In this case, Dow Jones has abruptly decided to cease its Wall Street Journal Radio Network and Marketwatch Radio operations.
It’s the ultimate reduction of staff–completely doing away with all content and talent, effective December 31, making for a bittersweet holiday season for those with pink slips in their stockings.
It’s believed approximately 15 people at WSJ and a few dozen others at Marketwatcb are impacted.
On a personal note, I’ve been a freelance anchor for the Wall Street Journal Radio since July 2013. But fortunately, since February, I have a full-time job at 77 WABC as my main gig.
Dow Jones’ parent company is News Corp. Dow Jones CEO William Lewis says in a statement, “It will come as no surprise that in order to do even more, we must do fewer things that are not core to our business so that we can move faster in pursuit of our goals.”
Since the 1980s, the Wall Street Journal Radio has been heard on hundreds of affiliates, including WCBS 880.
There are also national Wall Street Journal and Dow Jones Money reports.
On WCBS, you’ve likely heard Jen Ursillo giving the biz headlines with afternoon anchors Wayne Cabot and Steve Scott. Bruce Vale is veteran of the WSJ and WCBS.
Joe Connelly, the popular, longtime morning anchor, known for his witty repartee.
Another voice “giving the business” on 880 is Frank Cipolla, a man with so many years and experiences in the industry that he recently penned an autobiography (It Shocked Even Us).
Cipolla says he’s treasured the six years at the WSJ, but had a weird feeling just hours before the fateful announcement.
“[Tuesday] night – while I was alone in the newsroom – there was this very heavy feeling in the room. Almost dark. Then as I left after my last newscast I did something very uncharacteristic.”
At that point, Cipolla realized he didn’t have a photo of his work space.
“I stopped, took a shot of the newsroom and walked out,” Cipolla says. “[The next] morning the phone call came that it was all over. I’m not big on sixth senses, but I did sense something last night.”