Support the news

Globe Reporters Brace For Rocky Road Ahead06:31

This article is more than 10 years old.

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.

Bob Oakes Twitter Host, Morning Edition
Bob Oakes has been WBUR's Morning Edition anchor since 1992.


+Join the discussion

Support the news