Getting your player ready...
BOSTON — A new contract agreement between the Boston Globe and its largest labor union could finally end months of contentious negotiations while making the newspaper more attractive to potential buyers.
The Boston Newspaper Guild and Globe owner The New York Times Co. announced a tentative deal Monday night that spares some wage cuts but still has $10 million in annual concessions. The deal came two weeks after a similar proposal was narrowly rejected.
The new contract would cut salaries by 5.94 percent, compared with 8.3 percent in the previous proposal, with the difference being made up by additional benefit reductions.
Members will vote July 20 on the deal. The Associated Press
