Tuesday, September 26, 2006
1,400 more Delphi workers take buyouts
AP via Yahoo! News
Another 1,400 hourly workers have decided to accept auto supplier Delphi Corp.'s buyout offers, meaning that the struggling company will lose more than 70 percent of its work force by the end of the year.
Delphi released the buyout numbers Tuesday, bringing to 20,100 the number of its production workers who have decided to leave this year either through buyout offers or early retirement packages.
The departures do not include about 5,000 other Delphi workers who will leave the company and return to GM, its former parent.
Delphi will close 21 of it's 29 US plants by the new year.
Another 1,400 hourly workers have decided to accept auto supplier Delphi Corp.'s buyout offers, meaning that the struggling company will lose more than 70 percent of its work force by the end of the year.
Delphi released the buyout numbers Tuesday, bringing to 20,100 the number of its production workers who have decided to leave this year either through buyout offers or early retirement packages.
The departures do not include about 5,000 other Delphi workers who will leave the company and return to GM, its former parent.
Delphi will close 21 of it's 29 US plants by the new year.
