• Six of the paper’s seven unions agreed to cuts. The largest didn’t. The Globe, which looked off a cliff last night at the bottom and didn’t like the view, has apparently succeeded in getting enough concessions to stay afloat for the moment. The paper had set a May 1st deadline to get their unions to agree to $20 million in cuts. The only union that didn’t agree was the largest, the Boston Newspaper Guild. At issue are salary cuts and benefits such as lifetime job guarantees, which seem not so smart now that the paper’s bleeding money. source

Posted by Ernie Smith • Permalink