HarperCollins Publishers and the union representing some 250 striking employees have agreed to enter into federal mediation, the first sign of a possible settlement since the work stoppage began in early November. The publishing conglomerate, which is headquartered in Tribeca, later announced it was trimming 5 percent of its North American workforce.
"We are excited to have this opportunity to continue bargaining with HarperCollins and hope they finally are ready to put a fair offer on the table," Olga Brudastova, president of Local 2110 UAW, said in a statement last week. "We have been on strike for over two months at this point. It is time for us to resolve any outstanding differences and attempt to reset our relationship."