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Business Daily from THE HINDU group of publications Friday, March 2, 2007 |
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News Update as at 18.00 hrs (IST)
Story of the Day NEW YORK: The local unions, Massachusetts labour leaders and elected officials joined the Boston Newspaper Guild, which represents nearly 1,000 Boston Globe employees, to protest the outsourcing of Boston Globe jobs to India by the New York Times Company . The New York Times Company, which owns the Boston Globe, had recently announced the elimination of more than 120 jobs at the Boston Globe. Of these, 55 jobs in advertising finance will be outsourced to India. The job cuts came less than one month after B oston Newspaper Guild members ratified a four-year contract containing no guaranteed wage increases and significantly higher employee health care costs. The protest came on a day when the Boston Globe had previously scheduled a business symposium entitled, 'How to attract and keep good workers.' "The hypocrisy of the New York Times Company is staggering," said Mr Dan Totten, President of the Boston Newspaper Guild Wednesday. "We are here today to call for a stop to the slash and burn policies of this absentee landlord." "Despite employees' good-faith approval less than two months ago of a four-year contract containing difficult wage freezes and increases in health care costs, Boston Globe employees are now faced with the indignity and outrage of seeing their jobs shippe d overseas," said Mr Totten. -PTI
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