labor market as workers flex their leverage to demand more from their employers. Strikes have been increasing across the U.S."We're actively working with the Wirecutter Union to reach a collective bargaining agreement that continues to reward our employees for their work and contributions to the Times's success, and we look forward to continuing those negotiations at the bargaining table." "The New York Times has a long history of productive relationships with unions to advance our shared objectives," responded Danielle Rhoades Ha, vice president of communications at the New York Times.So far, the Times has agreed to a 1% guaranteed annual increase plus the option for merit-based raises. The union is seeking wage increases that total about $300,000 in the first year, as well as a 2.5% guaranteed annual wage increase and higher minimum salaries across four pay bands.I think it is an appropriate time to really show the value that we do bring to the company." "This is the time of the year that we really work for months and months and months. Wirecutter's 65 unionized staffers plan to strike through Cyber Monday, which is traditionally its busiest and most profitable of the year, said Nick Guy, Wirecutter Union unit chair.According to the company's latest earnings, Wirecutter gained 10,000 net subscriptions in the first month behind a paywall. The Times bought Wirecutter in 2016, but began selling standalone subscriptions to the website on Sept.We're prepared to walk out during the Black Friday shopping week to win the fair contract we deserve." We, members of the Wirecutter Union, are fed up. "After two years of bargaining, The New York Times Company (NYSE: NYT) has continued to delay our negotiations through unfair labor practices and wage offers that significantly underpay our staff.
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