While newspapers cut back on investigative reporting and turn to less costly short articles, two Wall Street Journal reporters, Sue Schmidt and Glenn Simpson, will leave to start an investigative reporting company. Schmidt and Simpson will also be working with the International Assessment and Strategy Center (IASC), which focuses research on security issues
While papers are focusing on shorter articles, investigative reporting has become more limited. With the two journalists gone from WSJ, the only investigative reporter left is John Wilke. "Obviously, the whole newspaper industry is in a state of turmoil," Schmidt said to POLITICO. "Everyone is thinking about Plan B all the time."
Source: POLITICO

