Are there more cuts on the way at The Wall Street Journal? Could be. Portfolio is reporting that the paper is in the midst of giving exit packages to around half a dozen top-ranking staffers including Carol Hymowitz, who writes “In The Lead,” Terri Cullen, author of “Fiscally Fit,” and Tom Weber, who co-writes the Buzzwatch blog. Unlike some recent top-level departures, none of these will be too surprising or abrupt particularly in light of the fact the Journal has reorganized more than once over the past few months.

However, there are also rumors that ahead of their move to midtown the WSJ may be about cut a large number of copy editors currently based at the paper’s office in the far off land of South Brunswick, NJ. Of course, as Jon Fine points out, this may all be part of Rupert Murdoch’s effort to reduce the number of hands that touch a WSJ story.