- The Washington Times - Tuesday, April 21, 2009

NEW YORK (AP) - The New York Times Co.’s CEO says the fate of the money-losing Boston Globe could hinge on “critical” talks with the unions representing most of the newspaper’s employees.

In a Tuesday review of the Times Co.’s first-quarter losses, CEO Janet Robinson refused to provide any details about two-week-old discussions regarding the Globe.

But she left little doubt the talks could make or break the Globe, whose troubles were a major factor in the Times Co.’s first-quarter loss of $74.5 million.

“These negotiations are critical to putting the Globe on substantial, sustainable financial footing,” Robinson said.

The unions say the Times Co. has threatened to close the Globe unless employees agree to about $20 million in concessions.

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