After a lot of back and forth, the Boston Globe union and The New York Times Co. have agreed on a new contract that will save the newspaper approximately $10 million. Without the $10 million in savings, The New York Times Co. was threatening to eventually shutdown the Boston Globe.
The new contract will reportedly institute a 6% salary cut and includes other points including frozen pensions, a health care cut and the ending of job guarantees. The final union vote was 366-179 in favor of the new contract.
Dan Totten, the union’s president, stressed that the union will support the decision.
Said …read more

The fears that the Boston Globe might have to shut down due to labor disagreements seem to almost be a worry of the past. According to both the Boston Globe and the newspaper’s largest union, a tentative agreement has been reached.
Over the course of the negotiations, the Boston Globe has been demanding $10 million worth of cuts in pay and benefits. In this tentative agreement between the two sides, it appears as if that $10 million goal has been accomplished.
While complete terms of the tentative agreement have yet to be made public, certain terms have started to leak out. According …read more

With the newspaper industry in the United States in shambles, many newspapers have been forced to shut down. Other newspapers have agreed on cost-cutting measures with their unions to keep the newspapers in business. However, the management of the Boston Globe and the newspaper’s union have failed to come to an agreement.
Recently, the union for the Boston Globe voted on a proposal from the newspaper to cut pay and benefits. And though the vote was close, the union ultimately voted to reject the proposal.
After the union’s rejection, the response from the newspaper’s management was to cut pay 23% across the …read more