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New York Times Strikes Deal With Boston Globe’s Holdout Union

in Media on May 6, 2009 at 4:00 am PT

The Boston Globe can keep printing. The New York Times Co., which owns the Globe, has reached an agreement with the Boston Newspaper Guild, the paper’s lone holdout union. A new deal involves pay cuts and “modifications to the lifetime job guarantee provisions,” but will allow the paper to stay afloat, for now.
boston-globe