'Globe' Guild Votes Down Contract
From the Globe late today: "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 vote was 277 "no" to 265 "yes." The paper's owner, the New York Times Co., had said it will impose a 23 percent pay cut on Globe employees to gain the savings it needs to keep operating the paper. Sure enough, about an hour later, the company said it would institute this starting next week. The Guild called for more negotiations.
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