"Richard Zannino, the chief executive of Dow Jones, prepared the way yesterday for job cuts at the company after its $5.2bn acquisition by Rupert Murdoch's News Corp. In a letter to employees of Dow Jones, publisher of the Wall Street Journal, Mr Zannino said the main goal of News Corp's $5bn acquisition was to 'increase profits by strengthening and growing our products and brands, not by slashing costs'. Mr Zannino added that 'there will be some changes', and 'where job cuts are unavoidable, we will communicate that as soon as practical'." [FT]