Dow Jones, IAPE reach tentative contract agreement

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New York--Dow Jones & Co. announced that a tentative contract settlement has been reached with its principal union, the Independent Association of Publishers' Employees. The collective bargaining agreement with IAPE covers approximately 1,600 employees in news, advertising sales, information technology, production and administrative areas. Dow Jones also said it “will be making a $1,000 lump sum bonus payment in December to about 2,500 non-IAPE employees in recognition of dedicated service through a difficult business environment. The company said the bonus will also be paid to IAPE employees--“assuming ratification of the IAPE contract by the membership.”
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