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TUESDAY, NOVEMBER 24, 2009
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Globe Union Caves, Votes to Accept $10M in Cuts

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(Newser) – The Boston Globe's biggest union has ended a four-month battle with the New York Times company and voted to accept $10 million in pay and benefit cuts, the Boston Herald reports. Union members—who have been living with a 23% pay cut since rejecting an 8.3% decrease last month—approved a 5.9% wage slice by a wide margin. The deal also includes 8 unpaid work days, a pension freeze and no health insurance for retirees.

Employees of the
Employees of the "Boston Globe," Dorothy Harris and Michelle Bezanson, right, display signs and chant at a rally in Boston to help save the paper.   (AP Photo/Lisa Poole, File)
The
The "New York Times" Company pushed back the deadline for bids to buy the "Boston Globe" until after yesterday's union vote.   (AP Photo/Charles Krupa)
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We deeply appreciate the sacrifices that Guild members are making to help sustain the Boston Globe’s mission of delivering high-quality journalism to the greater Boston community.
- Statement from the Boston Globe

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