Wednesday, April 8, 2009

New York Times Union Busting, Giving Top Execs Millions

While there's only so much schadenfreude one should be allowed during Lent, today's NYT union busting story at the Boston Globe is just too delicious to pass up.

Top executives at the New York Times [NYT] Co. and The Boston Globe were awarded stock options potentially worth millions just weeks before they told the Globe’s unions to cut $20 million or face closure, according to regulatory filings.
The Boston Globe's anti-Catholic biases have finally hit pay dirt. You won't see any tears in the Catholic community when it goes under.

More details of the internal chaos here.

Meanwhile, tensions continue to build between union members and leaders of the Globe’s largest union, the Boston Newspaper Guild, which has taken a hardline stance against the Times.

Several union members said fliers are circulating in the Morrissey Boulevard building demanding that union leaders “open up the books.”

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