- New York Times Co's NYT labor tensions intensify as it expresses concerns about the union's negotiation tactics and Times staffers taking to Slack to vent frustrations with management.
- Times publisher A.G. Sulzberger sent a note to the union's bargaining group members for the first time, expressing his concern about the lengthy negotiations.
- Mr. Sulzberger claimed the committee refuses to negotiate in person in small groups, a chance "to lock eyes, shake hands and hash out a deal," according to a copy of the email reviewed by The Wall Street Journal.
- Also Read: New York Times Employees Stage Walk Out Saying Pay Increase Not Enough.
- Times staffers have taken to the messaging app Slack to express their frustrations, according to several staffers and messages reviewed by the Journal.
- In one widely accessible channel, "#celebrate," several unionized staffers highlighted a recent securities filing from the company detailing executive compensation.
- "I want to #celebrate the fact that those fat executive bonuses were the result of the company hitting its business goals—which it did because of the hard work of its employees, including nearly 1,500 Guild members," wrote one reporter and active union member last week.
- Price Action: NYT shares traded at $36.86 on the last check Monday.
- Photo via Wikimedia Commons
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