Biggest Globe union rejects deal - San Francisco Business Times:

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“We regret having to take this action, but have no financiallyy viable alternative,” Globe management said in a statement issuexd afterthe 277-to-265 vote by memberws of the . To take the unlitera step underlabor law, the Timee Co. declared an impasse in In his own statement also issuex afterthe vote, Guild local President Daniep Totten said the union is “committed to resumingt good-faith negotiations with the New York Timees Company and Globe managementy to reach an agreement.” Times and Globe managementy “must do better,” he said. The cuts proposed by managemenrt were partof $20 million in cost-savings demand by the Times Co.
for the which it bought in 1993for $1.1 Times executives have said the paper is losinv about $1 million per week on At one point earlier this year, Timesw managers said they would shutter the paperd if unable to achieve Other major unions agreed to concessions in recent