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Non-Union Globe Employees Bear Brunt Of Pay Cuts

By Meghna Chakrabarti (WBUR)

A steep drop in revenue is forcing the Boston Globe's parent company, The New York Times, to cut most employee pay by 5 percent for the rest of the year.

Non-unionized Boston Globe employees will bear the brunt of the 5 percent pay cut.

The Globe is in the midst of another round of buyouts and is expected to announce layoffs shortly. That makes yesterday's pay cut announcement even tougher to take, according to the Globe's editor, Marty Baron.

MARTY BARON: My sense is that everybody understands that this is a very difficult period and that for the good of the overall enterprise. Probably among the senior staffers in the newsroom there's a sense that we all have to sacrifice.

The Times Company says it will ask unionized newsroom employees to consider a similar cut. The Boston Newspaper Guild said in a statement that its members have already had their wages frozen for four years.

MORE GLOBE COVERAGE: Hear all Bottom Line coverage of developments at the Boston Globe.

This program aired on March 27, 2009. The audio for this program is not available.

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