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Globe Reporters Brace For Rocky Road Ahead

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The Boston Globe is for sale. The paper reported Wednesday morning that its owner, The New York Times Co., has hired Goldman Sachs to solicit bids from potential buyers. There are said to be at least two interested buyers, but they have not been named.

Any sale of the Globe comes against the backdrop of serious labor strife at the paper. The Globe's largest union, the Boston Newspaper Guild, voted down $10 million in contract concessions Monday night. The paper responded by saying it would impose a 23-percent wage cut for Guild members.

Now the Guild is appealing to the National Labor Relations Board to stop the cut and force the company back to the negotiating table. To consider the impact of the labor dispute, WBUR's Bob Oakes spoke with Globe business reporter Casey Ross and arts writer Joanna Weiss.

This program aired on June 10, 2009.

Headshot of Bob Oakes

Bob Oakes Senior Correspondent
Bob Oakes was a senior correspondent in the WBUR newsroom, a role he took on in 2021 after nearly three decades hosting WBUR's Morning Edition.

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