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Dow Jones Anticipates Layoffs After Sale of Fins.com

Sure, it’s a new month but along with new beginnings, there are various endings.

Following the sale of FINS.com, a career-resources site for finance professionals from Dow Jones to Dice Holdings, Capital New York is reporting 12 positions will be eliminated.

A spokesperson for Dow Jones confirmed layoffs to Capital New York and indicated impacted employees will be eligible to apply for other jobs internally at Dow Jones.

According to the press release, Dice is going to continue operating the portal. Alisa Bowen, head of product for Dow Jones indicated, ”We are incredibly proud of the organic growth of FINS in just three years and believe the best way to continue success is to work with a leading provider of career services for professional communities.”

She added, “Dice has a proven track record, and we look forward to working with them, as we continue to focus on providing our users even more careers and management content.”

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