|The Boston Globe's biggest union won some breathing space after its owner, The New York Times Co, said it will not file notice of its intention to close the newspaper, at least for now.|
Six of the seven unions representing employees of the money-losing Globe reached tentative agreements with Times Co, which has threatened to shut the 137-year-old newspaper unless it agrees to $20 million in concessions.
But the future of New England's largest newspaper remained in doubt on Monday. Leaders of its biggest union, the Boston Newspaper Guild, left talks without a deal amid disagreement over lifetime job guarantees enjoyed by about 190 members, according to a Boston Globe report on the paper's website.
The Guild, representing some 600 workers including the newsroom staff, has sought to preserve lifetime job guarantees, saying their elimination would pave the way for layoffs of some of the paper's highest-paid veteran staff.
Tuesday, May 5, 2009
Times won't shut down Boston Globe.. yet.
Media: Damn it, I was hoping for better news.