Boston Globe Union Approves Concessions

After weeks of uncertainty, the dispute between The Boston Globe‘s owner, The New York Times Co., and the paper’s largest union, the Boston Newspaper Guild, has finally reached an end.

Yesterday, the guild overwhelmingly approved cuts negotiated last month, in a 366 to 179 vote.

According to the Globe, the new contract includes pay cuts, furloughs and unpaid vacations, which will reduce earnings by about 9 percent. There are also deep cuts in health care and retirement benefits, a pension freeze and the “elimination of lifetime job guarantees for about 170 veteran employees.”

The guild, which represents nearly 700 editorial, advertising, and business office workers at the Globe, rejected

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