At The Boston Globe, the carnage continues.

New York Times ( NYT), which owns the Globe, confirmed Thursday that it will cut 125 positions through buyouts and other steps at the Boston daily and the Telegram & Gazette of Worcester, Mass.

The news could further heighten tensions between the newspaper and its New York-based parent company over a series of job cuts that have weighed on the Globe recently.

Labor groups and politicians in Boston have complained directly to the Times about job cuts at the Globe, which was the company's worst-performing asset last year.

Meanwhile, the company has rebuffed overtures to buy the Globe from former General Electric ( GE) Chairman Jack Welch, who lives in Boston.

Shares of New York Times closed up 27 cents, or 1.1%, to $24.16.

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