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  • Delphi cutting 8,500 jobs; about 3,500 in U.S.

    12/10/2004 9:51:54 PM PST · by quantim · 4 replies · 697+ views
    The Flint Journal ^ | Friday, December 10, 2004 | Todd Seibt
    Delphi Corp. has the hatchet out again.The world's largest automotive supplier, which even now is razing a former Flint plant that last employed 400 hourly workers, announced today it is cutting 8,500 jobsAbout 3,000 of those will be in the United States, the company said.Delphi says the moves are necessary because of ongoing global price pressures, cutbacks in General Motors production schedules and lingering issues with its high-wage UAW-represented work force in the United States.In addition, Delphi is tossing three more troubled sites into its internal Automotive Holdings Group. And it might put more in the group, the company said.That's...