**Members of the largest union at the Boston Globe have voted by nearly two to one to accept pay cuts in an attempt to save the struggling newspaper. **In June the union, the Boston Newspaper Guild, rejected a similar deal.
The Globe’s owner, the New York Times, wants to sell the loss-making title.
Analysts say the pay and benefit cuts approved by the union may make it a more attractive purchase for potential buyers.
The Globe’s owner, the New York Times, had imposed a 23% pay cut after the union originally rejected the proposal.
The Globe, one of the oldest big-city US newspapers, lost $50m last year and is expected to lose $85m this year.
The Boston Globe is the latest title to find itself squeezed by falling sales, rising costs and declining advertising revenues.
Traditional papers also face stiff competition from websites offering news content for free and other sites luring away classified advertisers.
At least 12,500 jobs have been lost in US print journalism in the past two years.