In 2nd vote, Boston Globe union accepts wage cuts

BOSTON — After rejecting an earlier offer, The Boston Globe’s largest union has voted overwhelmingly to approve a new contract that would give the financially struggling newspaper $10 million in concessions.

The newspaper reported that the Boston Newspaper Guild voted 366-179 to accept the deal that was hammered out after the union narrowly voted down a similar package last month.

The Guild represents editorial, advertising and business employees at the Globe.

The newspaper’s parent, The New York Times Co., imposed a 23 percent wage cut on the union after the previous contract proposal was voted down.

The new contract cuts salaries by nearly 6 percent. It also includes unpaid furloughs, a pension freeze, a reduction in health care benefits and the elimination of lifetime job guarantees.