Globe says it won't file closing notice
"We expect to achieve both the workplace flexibility, and the financial savings that we sought from these (6 of 7) unions," said Globe management spokesman Robert Powers. "We are not , therefore, making a filing to today" under the federal plant closing law. The law requires companies to give 60-days notice to the state and employees before closing a business.
As the newspaper industry faces declining readership and the migration of readers online, The Boston Globe deals with the threat of closing and tough choices about how to move forward. Management (the New York Times - also losing money on a grand scale) demanded major concessions or else they'd shut the Globe down. The Newspaper Guild's negotiators don't buy it... They're calling the Times bluff.Today's paper included a special section on the dispute, reporting:
Boston Globe management was continuing to negotiate concessions with its major unions well past a midnight deadline, but said it was prepared to file a plant closing notice with the state today if they failed to reach agreement. (Boston Globe)The newspaper's unions framed the conflict as a classic local heroes vs New York struggle, tapping into longstanding regional resentments.
The rival Boston Herald is keeping a close eye on the situation, too.
Earthquake, tsunami,
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