More than 1,000 New York Times employees went on strike Thursday in the first industrial action of its kind at the newspaper in more than 40 years. Journalists and other workers at the storied media outlet, often referred to as America’s paper of record, walked out at midnight for 24 hours after failing to reach an agreement with the company on a new round of contract negotiations. The NewsGuild of New York, a union representing the striking workers, had said that a key sticking point was the management’s refusal to raise wages in line with surging inflation. Health and retirement benefits as well as return-to-work policies following the coronavirus pandemic were also an issue. “Over 1,100 New York Times workers are now officially on work stoppage, the first of this scale at the company in 4 decades,” the union tweeted early Thursday morning. New York Times spokeswoman Danielle Rhoades Ha told US media in a statement that negotiations had not broken down and “it is disappointing that they are taking such an extreme action when we are not at an impasse.”