News Corporation
ASX:NWSGlobal media and publishing. Dow Jones, The Australian, Fox Sports.
Reported Offshore Headcount
250+
reported 1 Jan 2024 — News Technology Services Bangalore - 250 employees
Estimated % of Workforce
~1%
illustrative — not directly reported by the company
Destination Countries
Financial Context
Market Cap
$19.0B
Revenue
$10.5B
Net Profit
$500M
Estimated Wage Differential
~$21M/yr
CEO — Robert Thomson
$23,000,000
295x avg Australian worker
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?
Every dollar paid offshore leaves the Australian economy — reducing local wages, tax receipts, and economic circulation. Why it matters
Financial data: FY2024. Estimate uses avg AU employment cost of $110,000+/yr (incl. super and on-costs) 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.
- This represents ~1% when compared to its current workforce of 23,900 (illustrative comparison only — not directly reported by the company).
- 🇮🇳 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.
Department Breakdown
| Department | Country | Headcount | Confidence |
|---|---|---|---|
| IT | 🇮🇳 India | 250 | Estimated |
Consultancy Engagements
| Vendor | Type | Contract Value | Status |
|---|---|---|---|
| Pagemasters (Mediality) | BPO | — | Confirmed |
Other Media Companies That Offshore
Other companies in media with reported offshore operations.
| Company | ASX | Reported Offshore | Offshore Destinations |
|---|---|---|---|
| ARN Media | HT1 | 85+ | 🇮🇳 India |
| Nine Entertainment | NEC | 46+ | 🇳🇿 New Zealand |
What Public Sources Say
All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.
Additional Sources
This profile is based on publicly available information at the time of publication. It may not reflect current operations and should not be treated as a complete picture. We publish what we can verify — not everything that exists.
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