Friday, May 1, 2009

Union seeks more talks on Globe

The Boston Globe's largest union last night called on The New York Times Co. to extend today's deadline for reaching agreement on millions of dollars in concessions after revealing that an accounting mistake by management has suddenly removed $4.5 million in possible givebacks from the table.

The error, which leaders of the Boston Newspaper Guild said was revealed to them late Wednesday night, complicates already difficult negotiations aimed at saving the Globe, which is projected to lose some $85 million this year.

The paper's owner, The New York Times Co. has set today as the deadline for reaching agreement on $20 million in concessions from the paper's unions, including $10 million from the Guild, which represents more than 600 editorial, advertising, and business office workers.

The Times Co. has threatened to shutter the Globe unless it gains the union concessions.

}}} full story {{{

No comments: