Boston Globe could face 23 percent pay cuts

A few months ago, the New York Times Company threatened to shut the Boston Globe if it didn’t make certain cuts.

Negotiations were made with the unions, but now trouble looms.

Gaining $10 million in savings from The Boston Globe’s largest union is ‘‘non-negotiable’’ and the company will take steps to immediately impose a 23 percent across-the-board wage cut should the union’s members reject a contract proposal to achieve those savings, Globe publisher P. Steven Ainsley said in a note to employees today.

Over at MediaNation, Dan Kennedy is having a memo-posting session, showing readers a bunch of emails between Ainsley and political reporter Brian Mooney.

I wonder if the Globe gets a 23 percent cut, how much more they’ll still be making than me…

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Filed under From the blogosphere, The Boston Globe

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