Article here. Excerpt:
"It's unclear at this point what in the EU will be pitched out into the trash, and what will be promoted to canon. When asked, Chee himself responded that he can't say when fans will be able to see the results the trim's impact on the universe's lore. Still, it's a safe assumption that every single bit of EU story set after The Return of the Jedi will have to go—and, for the most part, good riddance to it, because almost all of it is terrible."