Magazine article Editor & Publisher

'Globe' Guild Reveals Management Demands Include Salary Cut

Magazine article Editor & Publisher

'Globe' Guild Reveals Management Demands Include Salary Cut

Article excerpt

The New York Times Co., which has threatened to shut down The Boston Globe, is seeking union concessions that may include pay cuts reaching 20%, the removal of seniority rules and lifetime job guarantees, and millions in cuts to company contributions for retirement and health plans.

The Globe reported today that the paper's proposal was explained by union leaders at a Wednesday night meeting of the Boston Newspaper Guild, which represents some 700 editorial, newsroom, and business office workers, about half the Globe's union staff.

"The Times Co. is seeking $10 million in savings from the Guild, half of the $20 million the company says it needs from the Globe's 13 unions to stave off a shutdown of the paper," the Globe revealed. "Without the union concessions and other cutbacks, the Globe is projected to lose $85 million this year, following a loss of about $50 million last year, according to an employee briefed on union discussions."

The story added that the list of management requests "was greeted with anger, concern, and sadness by some 200 union members who attended the meeting. Some were defiant. Others called on colleagues to recognize that sacrifices would have to be made. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.