Union, Chronicle Reach Tentative Agreement
The San Francisco Chronicle and a union representing about 900 of its employees have reached a tentative agreement on a new labor contract.
The agreement avoids any immediate layoffs at the newspaper, but union leaders described it as a major setback because it called for so many concessions from workers.
The agreement includes employee buyout offers that are intended to eliminate 120 jobs -- the centerpiece of a reorganization designed to reverse the mounting losses that have been piling up since Hearst Corp. bought the Chronicle for $660 million nearly five years ago.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
