Financial Times FT.com

Boston Globe union rejects pay cuts

By Kenneth Li in New York

Published: June 9 2009 05:20 | Last updated: June 9 2009 05:20

The largest of the labour unions at the Boston Globe newspaper rejected late on Monday a proposed package of wage and benefits cuts, risking the shutdown of one of America’s most prestigious papers.

The New York Times, which owns the Globe, was planning to cut the wages of all members of the Boston Newspaper Guild by next week in order to achieve $10m in cost reductions. The company said it could not rule out closing the Globe following the union’s rejection.

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