Delphi will ask to cancel contracts, UAW says...

[IGBT]

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DETROIT (AP) ? Auto supplier Delphi (DPHIQ) is expected to ask a federal judge to cancel its union contracts Friday, an action that could lead to a devastating strike, the United Auto Workers said.
Delphi had set a deadline of Thursday to reach an agreement with its unions and General Motors (GM) that would lower wages for its 34,000 U.S. hourly workers, but it appeared unlikely Delphi would meet that goal. In a message on its website Thursday, UAW said Delphi would file motions to void its contracts on Friday morning.

A message was left seeking comment from Delphi.

The UAW, which represents the majority of Delphi's hourly workers, reacted angrily this week to Delphi's latest proposal, which calls for lowering workers' wages from $27 an hour to $16.50 an hour in 2007. Local union leaders have said the UAW won't take the deal to its members for a required vote.

 

[IGBT]

..does Delphi have job banks? If so I wonder if they got rid of the job bank could they save the rest of the contract.??

 

[jlbenedict]

And to follow up on this, GM is currently in talks to sell its 7.9% ownership/stake in Isuzu Motors

 

[IGBT]

Originally posted by: jlbenedict
And to follow up on this, GM is currently in talks to sell its 7.9% ownership/stake in Isuzu Motors

..no more Kasuzu kars??

 

[SarcasticDwarf]

IGBT, that lowering of wages was if the workers accepted a $50k check in compensation.

 

[Ktulu]

Originally posted by: jlbenedict
And to follow up on this, GM is currently in talks to sell its 7.9% ownership/stake in Isuzu Motors

Doesn't GM get it's diesel engines from Isuzu?

 

[SSP]

Wow. 27 bucks to do what?

 

[JRich]

I can't wait until these fools lose their jobs.

 

[BooGiMaN]

when delphi decides to close the plants and move to mexico the unions members anger will finally turn to the union, but by then it will be to late...

when will peopel learn that a lower paying job is better than no job at all...do they expect delphi to magically make money appear out their ass.....the union should let the workers vote on the proposal