The New York Times insists that it will hold fast to a May 1 deadline to wrest concessions from unions at the Globe or the paper may shut down. A lot is at stake for both sides, but one thing is clear. whatever the outcome the Globe as we knew it is dead. Either the Times will shut it down, or the unions will agree to concessions that will fundamentally alter the kind of paper The Globe is. The $20 million in wage and rule concessions demanded will necessarily affect quality in a direct and noticeable way.
http://www.boston.com/business/articles/2009/04/24/times_intends_to_enforce_deadline/
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