A division of News Corp, Dow Jones, is firing a number of employees this week, according to a report by Business Today. News Corp also includes other financial news outlets such as the Wall Street Journal, Barron's and MarketWatch. 

Dow Jones spokesperson told Reuters that "several teams have partially reorganised to align with our priorities and position us for further growth" and "certain positions have been eliminated," revealed the same report.

However, the total number of employees affected, their working locations and departments are not clear as of now. The Dow Jones layoff may also affect employees outside the United States as they are also receiving invitations to layoff meetings, IAPE wrote, reported Business Today. 

The IAPE's location directors for the Southeast United States told union-represented Dow Jones employees in Washington, D.C. that while Dow Jones has not yet made clear the extent of layoffs, their understanding is that no cuts in the Wall Street Journal news department, in Washington, D.C. or elsewhere, are included in this round.

The report of expected layoffs at Dow Jones comes in the midst of planned cuts at other outlets, including the Washington Post.

If media reports are to be believed, the news industry announced 1,800 job cuts last year.