1,000+ NYT union members threaten to walk out


More than 1,000 members of the New York Times union, which includes hundreds of newsroom staffers, plan to walk out on the job if the company's management doesn't agree to the terms of a new contract by Dec. 8, the union announced Friday.

Why it matters: The two parties have been at odds for more than a year and a half over a slew of issues, most notably wage increases. Those tensions have hit a boiling point heading into the holiday season.

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