The fight is raging on between Boston Globe unions and the New York Times Co., who threatened to shutter the Globe unless its unions agree to $20 million in concessions.
Boston unions must have a different way of doing business than New York. The Guild has been pushing NYT Co. to hold publicly negotiations regarding union concessions—some of which include pay cuts, the end of pension contributions by the company and the elimination of lifetime job guarantees for veteran employees—but the New York company has simply refused.
“We’re disappointed,” Boston Newspaper Guild president Daniel Totten told the Globe “The future of the Boston Globe and its mission of journalism and free speech is a matter of vital public interest. The Guild had hoped that these negotiations could be conducted in as transparent a way as possible.”
The Globe says it is prepared to start making concessions, after a strategic earnings call with NYT Co. analysts yesterday brought to their attention that union concessions were the key to saving the paper. The Globe did start a petition yesterday that asked management to “fully share the burden” of cost-cutting. Sounds like some big wigs are going to have their salaries slashed this year!