NYT Co., 'Globe' Play Rough as Dispute Rages On

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NEW YORK The Boston Newspaper Guild, the Boston Globe’s largest union, narrowly rejected a package of major concessions that included $10 million in wage and benefit cuts, the Globe reported on its Web site about 9:20 p.m. Monday.

The vote was 277 “no” to 265 “yes.”

The newspaper’s owner, the New York Times Co., which earlier threatened a shutdown, said it would now impose a 23 percent pay cut on Globe staffers to obtain the savings it needs to keep operating the paper.

Indeed, in a statement released by the Globe just minutes after the vote results were announced late Monday, management said it had sent a formal letter to the guild.

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