Economic Development Futures Journal

Saturday, April 01, 2006

counter statistics

Mirrior Mirror on the Wall, Who's the Ugliest of Them All

After months of tough talk, Delphi Corp. on Friday stood by its words, saying it would slash more than 25,000 jobs, close or sell off two-thirds of its U.S. plants and ask a bankruptcy court judge for permission to throw out its union contracts.

The move by the nation's largest auto-parts supplier raised the stakes in a 5-month-old conflict that could have a far-reaching impact on the company, its 33,000 workers, its unions, the U.S. auto industry and Midwest communities.

Accusing Delphi of misusing the bankruptcy court process, the UAW promptly warned that a "long strike" would take place if Delphi sought to impose its latest offer. The union also said there is "no basis for continuing discussions" with the company.

Read more about the ugliness here.

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