UPDATE 2-New York Times does not plan to close Boston Globe

The Globe offered a different interpretation of the meeting.

"The meeting scheduled for Monday is to discuss the implementation of the 23 percent wage cut," said Globe spokesman Robert Powers.

The Globe said it still considers talks at an impasse.

The Times has said that the Globe is on track to record an $85 million operating loss this year and that it has to save money to keep the paper viable.

(Reporting by Robert MacMillan; Editing Bernard Orr)