Hot on Facebook

Man Tries to Order Priciest Starbucks Drink Ever Total cost: $23.60 »

Globe Union Caves, Votes to Accept $10M in Cuts

By Rob Quinn, Newser Staff

Posted Jul 21, 2009 2:41 AM CDT

(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.

[Images (2)]

[Quotes (1)]

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 "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)

« Prev« Prev | Next »Next » Slideshow

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

« Prev« Prev | Next »Next » Slideshow

To report an error on this story, notify our editors.

More Newser Stories

Investors Snapping Up Daily Papers

Real estate a major factor in sale of 71 papers last year

(NEWSER) - Despite plunging revenue and circulation figures, plenty of people in America are still buying daily newspapers—lock, stock, and valuable headquarters. Some 71 daily papers were sold last year, and while some investors see buying a paper as a civic duty, others view it as a way to turn a quick profit, especially since newspapers tend to own large buildings in prime downtown locations, the New York Times finds. More»

Warren Buffett Buys Hometown Newspaper

At $200M, purchase not about investing

(NEWSER) - Warren Buffett makes news for his multi-billion-dollar investments, not a piddly $200 million—but Buffett surprised many people when he announced yesterday he was spending that to buy his hometown newspaper, the Omaha World-Herald, reports Bloomberg . The billionaire slammed the newspaper industry two years ago, saying it had the "potential for unending losses," and that he would never buy one "at any price." But now Buffett seems to have changed his tune: “I wouldn't do this if I thought this was doomed to some sort of extinction,” he said, according to the Omaha World-Herald . More»

NY Times Paywall Details Leak

Most won't have to pay, paper says

(NEWSER) - The New York Times’ long-expected paywall is due next month, and details are starting to leak out about the plan. Everyone will have limited free access to the site, sources tell the Wall Street Journal , but once users reach that limit, they'll have to pony up. Users can buy either a subscription to just the site, or a digital bundle that also includes the Times’ iPad app. Subscribers to the physical paper will have full access to the website. More»

USA Today Plans 'Radical Overhaul,' Staff Slash

9% of workers cut as focus switches from print

(NEWSER) - USA Today will be laying off 9% of its 1,500 workers in what execs describe as a radical overhaul. The 28-year-old paper, struggling with falling circulation and advertising sales, plans to focus less on its print edition and more on producing content for the Internet and mobile devices, AP reports. More»

Newsday Web Subscribers: 35

Disgruntled staffers told few have ventured behind paywall

(NEWSER) - Three months after Newsday erected a paywall around its revamped $4 million web site, only 35 people have paid the $5 a week needed to breach it. Publisher Terry Jiminez revealed the figure at a heated newsroom meeting last week, insiders tell the New York Observer . Jiminez stressed that most visitors already had free access to the site via either their newspaper or their cable subscriptions, adding: "That's 35 more than I thought it would have been." More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website