News Corporation

Financial Context

Illustrative wage differential: if the 250+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$21M/yr (~4.2% of reported net profit). This is an estimate based on industry averages, not company-specific data.

Would this company be profitable without offshoring?

Financial data: FY2024. Estimate uses avg AU cost of $110,000+/yr (salary only, excluding super, office, recruitment) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.

In Plain English

• In 2024, News Corporation was reported to have 250+ offshore contractors and staff.
• 🇮🇳 250+ staff reported in India in IT.
• Known outsourcing partners include Pagemasters (Mediality).

Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.

The Story

• 2009-2013News Limited launched centralised 'sub hubs' (NewsCentral) starting in Queensland, rolled out nationally. The experiment was dismantled in 2013 with 65 jobs lost on top of an estimated 500 editorial jobs shed. [Crikey]
• 2018News Corp outsourced subediting, production and photography at The Advertiser, Sunday Mail, and Messenger community newspapers to Pagemasters (AAP-owned — News Corp holds 45% of AAP). ~20 sub-editors, 6 graphic artists, and 4 photographers cut. [Mumbrella]
• 2024News Corp operates News Technology Services in Bangalore with approximately 250 employees providing IT engineering, software development, data, and cyber operations for Dow Jones, News UK, and News Corp Australia. [News Technology Services]

All facts sourced from public reporting. No editorial commentary. Click source links to verify.