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Feb 12, 2009

WSJ eliminates news research library

Editor & Publisher reports The Wall Street Journal is shutting down the paper's research library. The move is part of a cost-cutting program and newsroom staff reductions announced at WSJ last week. 
The elimination of the positions affects librarian Leslie A. Norman and news assistant Ed Ramos. In a memo, Norman wrote the cut will be "a hit to news coverage." Norman believes the research library will be replaced by Due Diligence Dashboard, a system that will not be able to match "the knowledge about how to research using all the tricks we've learned over the years." Norman also thinks the Journal's cost-cutting efforts will backfire and "reporters will probably spend 10 times our compensation trying to do their own research." 
Norman has been running WSJ's library since 2007. 
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