Thursday, April 9, 2009

Boston Globe Surprised by Size of Demand for Cuts

Boston Globe employees reacted with a mix of resignation and anger Wednesday on learning of the pay and benefit cuts and the lost job security that The New York Times Company wants them to accept as the price of keeping the money-losing Globe in business.

Members of the Boston Newspaper Guild, hearing the company’s proposals for the first time, said they accepted the need for cuts, but were shocked at how much the company was asking. And they said the company had refused to provide details of The Globe’s finances.

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