Boston Globe Guild Votes 'No'; Now What?
The Boston Newspaper Guild, the 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. tonight.
The vote was 277 “no” to 265 “yes.”
The newspaper’s owner, the New York Times Co., which earlier threatened a shutdown, had said it will impose a 23 percent pay cut on Globe staffers to obtain 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.
“Since
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