The Boston Globe reached agreements with two of its unions early this morning after all-night negotiations. The mailers union agreed to $5 million in concessions and delivery drivers to $2.5 million. Owner of the Globe, the New York Times Co., is seeking $20 million in total cuts to avoid closing the paper. Meanwhile, management has yet to negotiate a deal with the paper's largest union, the Newspaper Guild. The two sides stopped talks around 8am this morning, but are expected to continue within the next day.
See "Large Globe union, management suspend negotiations", May 3, 2009