Globe Calls 23 Percent Wage Cut Its ‘Last, Best Offer’

Management of the Boston Globe again presented as its “last, best offer” a 23-percent wage cut for union members, as negotiations resumed between officials of the New York Times Co., the Globe’s parent, and the Boston Newspaper Guild. The proposal had been floated in late April.

The Globe reported the offer on its website Tuesday evening.

The Boston Newspaper Guild says it has offered more than the $10 million in concessions the paper’s owner was looking for to keep the newspaper operating, but that offer does not include lifetime jobs for some workers. Those job guarantees were part of the 1993 sale to The New York Times.

The Guild has offered a 3.5 percent pay cut for the 700 editorial, advertising and business employees it represents, plus three unpaid furlough days, for a total salary reduction of just under 5 percent.

The Associated Press contributed to this report.

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