Telegraph Media Group

Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.12 - Publishing of newspapers
100 jobs
Number of planned job creations
Job creation
Announcement Date
4 July 2018
Employment effect (start)
4 July 2018
Foreseen end date

Description

The Telegraph Media Group, the UK-based publisher, has announced that it will create 100 jobs, including 39 positions for journalists, as part of a £10 million (€11.23 million) annual investment in data, technology and brand marketing.

The Group’s CEO has said that the job creation is necessary to improve the digital presence of their publications and increase digital revenues. The business expansion is also linked to the Telegraph’s strategy, launched in September 2017, which aims to ‘re-emphasise’ quality journalism. The company has not given any information about the likely timescale for the job creation.

The Telegraph Media Group is the publisher of The Daily Telegraph, The Sunday Telegraph and Telegraph.co.uk.

Sources

Citation

Eurofound (2018), Telegraph Media Group, Business expansion in United Kingdom, factsheet number 94690, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94690.