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Delphi, GM reach deal with union

Wayne

Full Member
Joined
May 26, 2005
Messages
970
Location
NJ
It's about time.

http://nz.news.yahoo.com/070622/8/pav.html.

General Motors Corp. and its former auto parts subsidiary reached an agreement Friday with their main union on a new labor contract that will allow Delphi Corp. to emerge from bankruptcy protection.

The settlement caps off more than 20 months of often difficult and contentious negotiations between the three parties.

 
The contracts been approved.

IWON link


United Auto Workers members have approved a contract agreement with auto parts maker Delphi Corp. that slashes wages and allows some plant closings but preserves jobs for thousands of workers.

About 17,000 workers at 17 Delphi facilities across the U.S. were eligible to vote on the deal, which allows some plant closings and cuts wages from $27 per hour for longtime workers to a pay range for everyone that runs from $14 to $18.50.

 
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