Boston Globe Union Approves New Contract

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