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Newspaper Guild bends to liquidation threat, agrees to negotiate contract
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Newspaper Guild bends to liquidation threat, agrees to negotiate contract
This week, Daniel Denvir wrote in detail about the turmoil at the Inquirer and Daily News, where the owners have threatened to "liquidate" their assets if they can't obtain $8 million in wage and benefit savings from the newsroom immediately. The Newspaper Guild contract was supposed to be good through October. But, there must be some bite behind that bark: Dan just got word that the union will come to the table tomorrow. Memo below:
Guild members,
After a productive meeting this morning, in which the company spoke to the status of other union negotiations and the dire financial situation it still faces, the Guild Executive Board agreed to begin early bargaining on a new contract. The first session will be tomorrow afternoon.
This decision was not made lightly and came with the following caveats:1) The Guild's present contract remains in effect until a new agreement can be reached and ratified. If a new agreement cannot be reached or ratified, our existing contract stays in effect until it expires in October.
2) The period for members to consider buyouts or reduced work weeks has been extended through next Friday, Jan. 25. Your last day of work would be Feb. 1.
To accommodate more members, the Guild's general meeting will take place Tues., Jan. 22, at 6:30 pm at the Hilton Garden Inn Hotel at 11th and Arch streets. For members who can't wait around, Bill Ross and members of the executive board will be at the Hilton starting at 5 pm to answer questions and take nominations for Guild officers.
In solidarity,
Howard Gensler, Acting President
Bill Ross, Executive Director
Executive Board, TNG/CWA 38010
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