New York Times And Union Agree On Contract After Two Years Of Negotiations (

The New York Times and the New York Times Guild have reached a contract agreement that would give union members an immediate 12.5% salary raise.

The deal follows two years of often contentious negotiations and events such as a 24-hour strike.

“After more than two years of negotiations, we can finally say it: @NYTimesGuild and @nytimes have reached a tentative agreement on a groundbreaking new collective bargaining agreement,” the union tweeted Tuesday.

The five-year deal must still be ratified by the union membership. A vote is expected in the coming week, the Times reports.

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