NJ Newspaper Threatens to Close Sans Union Deal

Ed Shown, president of the Council of Star-Ledger Unions and one of the Teamsters locals, said the newspaper is demanding a 55 percent cut in the entire wage package. He believes this shows a lack of meaningful negotiation on the part of the company, the AP reported.

Vezza said The Star-Ledger lost $19.8 million in 2012, a figure it will likely repeat this year, according to the AP. It lost $12 million in 2011.