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06 May 2009 11:06

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Biz, U.S.: The Boston Globe reaches a deal with its last union

  • Crisis averted. Cuts made. Hands shaken. The Boston Globe, which nearly faced a death march this week, narrowly avoided it by getting six of its seven unions to agree to price cuts and a relaxing of a job guarantee policy which was the sticking point. The largest union, the Boston Newspaper Guild, which represents the newsroom, wouldn’t budge on the job security front. An agreement was met last night, but no word – yet – on whether they got to keep job security. source