Globe employees petition for limited pay cuts
Posted by Emily Dilling on May 28, 2009 at 2:40 AM
Boston Globe employees have drafted a petition in an atttempt to limit proposed pay cuts to 5 percent, Boston.com reported.
Te Boston Newspaper Guild is set to vote on June 8 as to whether it will accept thei parent company, The New York Times Co.'s offer, which includes an 8.4 percent pay cut, a week of unpaid furlough, as well as reduced health care and retirement benefits.
Te Boston Newspaper Guild is set to vote on June 8 as to whether it will accept thei parent company, The New York Times Co.'s offer, which includes an 8.4 percent pay cut, a week of unpaid furlough, as well as reduced health care and retirement benefits.
While the petition admits that "significant cuts to our salary and benefits are necessary," the employees hold that limiting the pay cuts will improve the Times' chances of having their offer accepted by the Guild.
The Guild is the last of the Globe's major unions to vote on the cutbacks saught by the Times, totaling $20 million. If the union does not agree to their parent company's terms, Times Co. may be forced to impose a 23 percent pay cut for all employees in order to reach its goal of the remaing $10 million in concessions.
The Guild is the last of the Globe's major unions to vote on the cutbacks saught by the Times, totaling $20 million. If the union does not agree to their parent company's terms, Times Co. may be forced to impose a 23 percent pay cut for all employees in order to reach its goal of the remaing $10 million in concessions.
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