Boston Globe union to vote on pay, benefit cuts
- NECN
Previous Page
Next Page
Boston Globe union to vote on pay, benefit cuts
BOSTON (AP) - The Boston Globe's largest employees union faces an important contract vote. The newspaper's parent company, the New York Times Co., said in April it needed $20 million in annual concessions from Globe unions - half of that from the Boston Newspaper Guild - to avoid shutting down the 137-year-old newspaper. The Globe had $50 million in operating losses in 2008 and had been projected to lose $85 million this year. Guild members will vote Monday whether to accept an 8.3 percent wage cut, five-day unpaid furloughs and cuts in benefits including read more
NECN | June 7, 2009
