Delphi preparing to lay off about 800 workers

[OhioChick]

Source: Reuters

17 Feb 2009, 0023 hrs IST, REUTERS

Nearly 800 jobs are being eliminated at the steering division of Delphi near Saginaw, Mich.

The cuts are hitting 425 hourly workers and 350 employees who are on salary. The layoffs were announced on Monday at the Delphi complex in Buena Vista Township and will kick in March 1.

Mike Hanley, president of United Auto Workers Local 699, says the news was anticipated. Delphi has had temporary furloughs since the start of the year.

Hanley tells The Saginaw News blue-collar workers who volunteer to leave will get severance.



Read more: http://economictimes.indiatimes.com/International_Business/Delphi_to_lay_off_about_800_workers/articleshow/4139468.cms

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Too much job loss....

[superconnected]

1. I haven't felt this bad about the economy since, Bush1 got out of office.

[Dr.Phool]

2. It's much worse this time.

[superconnected]

3. Yes - because of the free trade agreements where we don't tax goods made

with out of country labor.

Really, we aren't going to come out of anything until Obama throws out those free trade agreements and starts putting tariffs on foreign goods to give companies incentives to make things here again.