August 18, 2017 4:46 PM ET

Media

Company Overview of Guardian Media Group plc

Company Overview

Guardian Media Group plc publishes newspapers in the United Kingdom and internationally. It publishes theguardian.com, a news Website; and the Guardian and Observer newspapers. The company was incorporated in 1907 and is headquartered in London, the United Kingdom. Guardian Media Group plc is a subsidiary of The Scott Trust Limited.

Kings Place

90 York Way

London,  N1P 2AP

United Kingdom

Founded in 1907

1,563 Employees

Phone:

44 20 3353 2000

Key Executives for Guardian Media Group plc

CEO & Director
CFO, Company Secretary & Director
Editor-In-Chief of Guardian News & Media and Director
Revenue Director
Head of Product Dicovery & User Experience - Guardian News & Media
Compensation as of Fiscal Year 2017.

Guardian Media Group plc Key Developments

Guardian Media Group Announces 1,500 Employees Job Cuts

Guardian Media Group, has told its 1,500 employees that some of their jobs will be lost as part of its plans for the second year of its three-year turnaround. Over the course of the next year company anticipate this will lead to some redundancies in the UK and any such proposals will be discussed within the relevant departments they continued. Without these cuts, the long-term future of the newspapers remains "uncertain", the pair warned. It is understood that each department will be given a specific cost saving target it has to achieve through a mixture of compulsory job cuts, as well as a focus on expenses and reductions in other costs such as subscriptions, freelancers and corporate travel. The cuts will be across the board, including in its editorial arm, which employs approximately 730 journalists. Although management does not have a fixed number of compulsory redundancies management in mind, sources indicated there will be significantly fewer than the 250 voluntary redundancies made last year.

Guardian Media Group Seeks Acquisitions

Guardian Media Group plc recently disclosed, "As these results show, we place a premium on organic growth. We are also committed to enhancing our pro position and capabilities through selective acquisitions."

Coram Williams Joins Guardian Media Group Board

Guardian Media Group (GMG) announced that Coram Williams has joined the GMG board as a non-executive director with immediate effect. Coram is currently chief financial officer of Pearson, a position he has held since August 2015.

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