The San Francisco Chronicle and the paper's largest union announced Monday that they had come to a formal understanding on contract concessions which were necessary to avoid the paper's closure.
Parent company Hearst told employees February 24 that ...
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The 144 year old San Francisco Chronicle may close within weeks if unions don't accept broadscale cuts.
Owner Hearst Publishing said in a statement that the:
"San Francisco Chronicle newspaper is undertaking critical cost-saving measures including a significant reduction ...
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