Wednesday, June 24, 2009

Globe and Mail appears to be heading for a strike

The Globe and Mail appears to be heading for a strike after its employees overwhelmingly gave its negotiating committee a strike mandate. Sources tell The Planet Guys that management proposals are so harsh that the union will not be able to accept them. The Globe is losing serious money and the management is under pressure to bring costs into line. Compared to the National Post, the Globe staff is bloated. It is the result of a hiring spree that started when Conrad Black launched the Post. After CanWest bought the Post, its staff got seriously downsized but the Globe did not follow suit. Management is also said to be demanding more integration between the Globe, CTV and the business channel BNN. More bargaining sessions are scheduled but the outlook is grim. – Planetguy 2

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