Bloomberg News

News of the World Staff Offered Siberia, Dow Jones Postings

July 22, 2011

{For more coverage of News Corp., see {EXT3 <GO>}.)

July 22 (Bloomberg) -- Employees of News of the World, the now-defunct News Corp. Sunday tabloid, have been invited to apply for positions across the media company’s businesses, including a posting in Siberia, three people with direct knowledge of the matter said.

Openings presented to the more than 200 News of the World employees who discussed their severance terms with human resources this week included a materials manager for Fox News’s theatrical departments in Siberia and 74 positions globally at Dow Jones & Co., said the people, who declined to be identified because the talks were private.

News Corp. closed the 168-year-old tabloid after publishing its final edition on July 10 in response to escalating allegations of phone hacking. The scandal and its political backlash has also forced New York-based News Corp. to drop its 7.8 billion-pound ($12.7 billion) bid for all of British Sky Broadcasting Group Plc. At least 10 people have been arrested, including former News International Chief Executive Officer Rebekah Brooks and ex-News of the World editor Andy Coulson.

Other positions employees were invited to apply for include 30 posts at publisher HarperCollins and about 30 at Fox. News International, the U.K. publisher arm of News Corp., has 50 openings, the people said.

Miranda Higham, a spokeswoman for News Corp., declined to comment.

Severance Terms

Brooks, a former editor of the News of the World, said July 8 that News Corp would work to find jobs for the 200 employees and that they’ll be paid for the next three months. She stepped down as News International CEO a week later.

The severance terms weren’t discussed because staff representatives are still negotiating with management. Employees are pushing for a bigger payoff because of the way the newspaper was suddenly shuttered, the people said.

Including non-editorial positions, the total number of employees so far dismissed is more than 280, according to another person with knowledge of the matter.

Bloomberg LP, the parent of Bloomberg News, competes with News Corp. units in providing financial news and information.

--With assistance from Amy Thomson in London. Editors: Kenneth Wong, Tony Aarons

To contact the reporters on this story: Tariq Panja in the London newsroom at tpanja@bloomberg.net Jonathan Browning in London jbrowning9@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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