06-24-2009, 04:45 AM
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Join Date: Sep 2004
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Looks like the Globe will continue for another day..
Seems as though we will be able to continue to enjoy the ramblings of Reiss, McAdam and the rest of the sports crew... this is good news as Boston will not become a one newspaper town..
http://www.nytimes.com/2009/06/24/bu...e.html?_r=1&hp
Quote:
After months of bitter struggle that included a threat to shut down The Boston Globe, the New York Times Company and the paper’s largest union reached a tentative contract settlement on Tuesday night, with employees agreeing to significant cuts in wages, benefits and job security.
The deal with the Boston Newspaper Guild, finalized around 11 p.m., includes a cut in weekly salary and a five-day unpaid furlough, for a total wage reduction of almost 8 percent for some 670 guild members plus reductions in retirement, health and other benefits. The package will save The Globe $10 million a year. In addition, the company won the elimination of lifetime job guarantees covering about 190 guild members.
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