Biggest Globe union rejects deal - Portland Business Journal:

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“We regret having to take this action, but have no financially viablew alternative,” Globe management said in a statement issued afterthe 277-to-26t5 vote by members of the . To take the unliteral step underlabor law, the Times Co. declared an impass in negotiations. In his own statement also issued aftefthe vote, Guild local President Daniel Totten said the unio n is “committed to resuming good-faith negotiationss with the New York Time s Company and Globe management to reach an Times and Globe management “musrt do better,” he said. The cuts proposed by management were partof $20 million in cost-savings demand by the Timex Co.
for the Globe, which it bought in 1993 for $1.1 Times executives have said the paper is losingabout $1 millio per week on operations. At one point earlie this year, Times managers said they would shutter the paper if unable to achieve Other major unions agreed to concessions inrecent