The Newspaper Guild of New York is locked in contract negotiations with management of The New York Times. The Guild's contract expired March 31, 2011.
Brain Drain Looms Over Quality Journalism of The Times
Since the Newspaper Guild of New York began contract talks with The New York Times more than a year ago, several high-profile reporters and columnists have left the paper of record to earn significantly higher pay elsewhere.
While each journalist had his or her reasons for leaving, there’s no question that Times management’s demands to freeze employee pensions, starve the health plan for Guild-represented employees and hold raises to one percent over three years have made the world’s greatest newspaper a much less attractive place to work.
Adding insult to Times employees’ potential financial injury was a $23.7 million severance package at the end of 2011 for the company’s former CEO, capping a leadership tenure that, by any measure, was something less than triumphant.
By taking aim at their own employees, executives of The Times, which has won more Pulitzer Prizes than any other news organization, are threatening to trigger a brain drain that would compromise its unmatched standard for excellence in journalism.
The Guild is trying to not let that happen. That’s why we’ve launched this campaign to “Save Our Times.”