Time Inc., Union Reach Agreement

Time Inc. and the union group that represents about 300 of its employees has come to terms on a labor deal, according to Folio:. The specific terms are unknown, but it includes a three-year deal that will offer employees bumps in pay and improved job security.
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The Newspaper Guild of America will vote on the agreement, but no timetable for a ratification meeting had been set.

The deal comes after nearly five months of negotiations. Time Inc. gets a little more wiggle-room when dealing with its unionized employees, going forward, pending ratification.