The New York Times Co has threatened to shut The Boston Globe unless the newspaper's unions agree to $20 million in concessions, The Boston Globe reported, quoting union leaders.Do as we say, not as we do.
The union officials said executives from the Times and the Globe made the demands on Thursday morning in a meeting with leaders of the newspaper's 13 unions, the Globe reported.
"Management told union leaders Thursday that the Globe will lose $85 million in 2009, unless serious cutbacks are made, according to a Globe employee briefed on the discussions," the Globe report said. That compares with an estimated $50 million loss last year, the newspaper quoted the employee as saying.
Saturday, April 04, 2009
Subservience To Unions For Thee, But Not For Me
The New York Times leads the mainstream media in promoting the commercially destructive political agenda of Big Labor. Turns out, though, when it comes to The Times's own business interests, the principle of profit-death isn't quite so sacred: