Perhaps threats are a good business plan after all. Weeks after being threatened by an all-digital New York Daily News, the drivers’ union for the paper approved a new contract.
Earlier this month, Daily News CEO Bill Holiber sent a letter to the union explaining that if the revised contract wasn’t approved, the Daily News would switch to digital only. That move would’ve cost more than 200 drivers their jobs.
According to the New York Post, the union approved the new contract 172 to 72. The revised contract freezes pensions plans, give 34 drivers a buyout and drop the number of routes from 106 to just 48.