Boston Globe union taking a gamble:
Boston Globe Union Rejects Deal on Pay Cuts

After weeks of labor tension and 12 hours of suspenseful voting, members of the Newspaper Guild at The Boston Globe narrowly rejected a proposed package of wage and compensation cuts. As a result, the newspaper’s owner, The New York Times Company, said it would proceed with its threat to unilaterally impose a 23 percent salary cut.

My guess is they figure Obama will bail them out.