Boston Globe, Guild Agree on Contract
Shortly before midnight, it emerged that the largest guild at the paper and the Boston Globe had agreed to a new contract that hammers out $10 million in cuts while reducing the pay cut from 8.4 percent to 5.9 percent (plus a one-week furlough).
Management had threatened a 23 percent slashing in pay. Other unions at the paper had agreed to their contracts.
It still needs the rank and file vote approval.
The Globe reports as follows:
The tentative agreement comes a little more than two weeks after the Boston Newspaper Guild narrowly rejected a similar package of concessions, and 10 days after the company, in response, imposed a 23 percent wage cut on nearly 700 editorial, advertising, and business office employees represented by the union.
The
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