BOSTON: After The Boston Globe's largest union, the Boston Newspaper Guild, narrowly voted to reject $10 million in annual pay and benefit cuts on June 8, the newspaper's management said it will impose a 23% wage reduction next week.
While the newspaper, a property of The New York Times Co., said it has “no financially viable alternative” to the pay cut, it left the door open for negotiations with the Boston Newspaper Guild. Globe management is “available to meet any ...