The New York Times Company, owners of the Boston Globe, have threatened to close down the nation's 14th largest daily newspaper. Faced with a projected loss of $89 million in 2009, and on the heels of newsroom job cuts, ownership demanded $20 million more in labor union concessions.From: The Boston Globe, April 4th.
Earthquake, tsunami,
Times is just trying to scare the unions.
ReplyDeleteNegotiating ploy, or serious threat? Hard to tell.
ReplyDelete