Wednesday, May 6, 2009

Agreement Reached at Boston Globe

The Boston Globe and its largest union reached tentative agreement on wage and benefit cuts early Wednesday morning, apparently ending for now The New York Times Company’s threat to shut down New England’s largest newspaper.

A Globe spokesman, Robert Powers, released a statement saying, “We have completed negotiations with the Guild but have agreed not to release any details until the leadership speaks with Guild members on Thursday, May 7.”

People briefed on the talks, who were granted anonymity because they were not authorized to discuss the matter publicly, said a deal had been reached around 3 a.m., but said they did not know the details. [Click for MORE] Sphere: Related Content

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