The Globe mailers union conceded lifetime job agreements this morning, but the New York Times Company has rejected concessions (including pay cuts, increase in early retirement age, and reduction in pension and 401k contributions) from the Boston Newspaper Guild and the paper's fate remains uncertain. NYTCo could file a motion as early as today to notify the Globe to shut down in 60 days. Guild members have said negotiations are done for the day but will resume soon.



According to the NYT, "Little more than an hour before the deadline, the Times Company said it would file a notice under federal law stating its intention of closing The Globe within 60 days."
The Globe story quotes Gregory L. Thornton, a Globe senior VP for HR and management's chief negotiator, as saying "We have no plans to file a notice at this moment".