Axios reports:
More than 1,000 members of the New York Times union, which includes hundreds of newsroom staffers, plan to walk out on the job if the company’s management doesn’t agree to the terms of a new contract by Dec. 8, the union announced Friday.
The two parties have been at odds for more than a year and a half over a slew of issues, most notably wage increases. Those tensions have hit a boiling point heading into the holiday season.
In a letter sent to management Friday, the NewsGuild of New York reiterated its demands to management, and conveyed a level of frustration over the drawn-out talks.
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We want our pension intact. We want our health care funded. We want raises that reflect our contribution to the company’s success, but the @nytimes has given us lunch boxes and excuses about economic uncertainty.
— NYTimesGuild (@NYTimesGuild) December 2, 2022
In 2022, the @nytimes spent millions of dollars to purchase Wordle and The Athletic and allocated $150 million in stock buybacks to its investors. And yet it is still offering wage “increases” that amount to pay cuts during record-high inflation.
— NYTimesGuild (@NYTimesGuild) December 2, 2022
A company on track for an annual operating profit of $320 million or more should be paying its employees a minimum of $65,000 a year. The @nytimes thinks this is unreasonable. The @NYTimesGuild does not.
— NYTimesGuild (@NYTimesGuild) December 2, 2022