The owner of The Boston Globe will resume negotiations with its largest union.

This development comes more than a day after talks to cut millions of dollars from the union's contract ended at an impasse.

The New York Times Co. has threatened to close the Globe unless unions agree to $20 million in cuts.

The company has reached agreements with six unions, and the Boston Newspaper Guild remains the holdout.

Catherine Mathis, a company spokeswoman, says talks will resume Tuesday at 5 p.m.

The Guild, which represents about 700 editorial, advertising and business employees, has said it offered more cuts than demanded. But the offer did not include an end to lifetime job guarantees.

A message left for the union was not immediately returned.