Sulzberger responds to concerned Globe reporters

Publication date: Wed, 06/24/2009

NYT Co. chairman Arthur Sulzberger Jr. said he hoped Boston Globe's biggest union would approve a package of wage & benefit cuts & spare company officials from imposing a 23% wage cut, but the union's rejection and the paper's financial situation have left them no choice. Sulzberger, responding to a letter from Globe reporters seeking his intervention in the contract dispute, the Boston Newspaper Guild's said rejection of $10M in concessions put in jeopardy another $10M in savings negotiated by other Globe unions. The agreements with those unions only remain valid if it gains the savings from the Guild, either by contract deals or imposing the pay cuts. The Times has seeked $20M in concessions from the Globe unions or else it may need to shutter the money-losing paper. "We