New York Times Extends Boston Globe's Deadline

Saturday, May 2, 2009  |  Updated 4:15 AM EDT
View Comments (
)
|
Email
|
Print
New York Times Extends Boston Globe's Deadline

Getty Images

The Boston Globe missed its deadline, but its presses are still rolling.

advertisement

The Boston Globe says The New York Times Co. has agreed to extend the deadline for the newspapers' employees to make $20 million in concessions.

Globe spokesman Robert Powers says Friday's deadline for reaching an agreement has been extended to Sunday.

Leaders of the Boston Newspaper Guild, the Globe's largest union, had asked for an extension after discovering what they called a $4.5 million accounting error. The Guild said ownership had mistakenly counted the salaries and benefits of 80 people who had left their jobs at the Globe.

Powers says the Times Co. granted the extension because progress had been made in union talks.

The Times Co. has threatened to close the Globe unless it comes up with $10 million, or half of the union concessions.
 

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Follow us on Instagram!
We post photos taken by our news... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out