The New York Times Co. has threatened to shut The Boston Globe unless the newspaper's unions swiftly agree to $20 million in concessions, union leaders said yesterday. Full Story »
Posted by Derek Hawkins
The usual 2008 Depression article: management threatens bankruptcy that if unions don’t make major pay-cuts, healthcare reductions, and retirement concessions, the 100-year old company is history. Frightened, unions make concessions. Big deal!! Management ends up going bankrupt anyway–amid crocodile remonstrations about how horrible it is to destroy careers of professionals who gave decades of blood for the company. God! Give me a break!
As more and more newspapers bite the dust, can network news be far behind? Is this some sort of perverse justice for management who really have absolutely no clue what’s going on?