News for 'newspaper-guild'

NYT, Post plan pay cuts, lay offs

The story of gloom and doom continues to haunt the US economy. With advertising revenue going downhill, two of US newspaper majors -- The New York Times and The Washington Post -- plan another round of pay cuts and layoffs. Facing financial difficulties, the New York Times Company has imposed five per cent temporary pay cut for most employees and laid off 100 workers.

Boston Globe threatens closure

The Boston Globe has been looking for $20 million in labour concessions, including about $10 million from the Boston Newspaper Guild, the largest union that represents Globe employees. Negotiations between The New York Times Company and the Boston Newspaper Guild over concessions that could avert the closure of The Boston Globe apparently reached Sunday's midnight deadline without a deal.

Boston Globe to lose 55 jobs to India

The New York Times Company, which owns the Boston Globe, had recently announced the elimination of more than 120 jobs at the Boston Globe. Of these, 55 jobs in advertising finance will be outsourced to India.

Reuters gets bad news from union