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Is Delphi preparing to layoff about 800 workers?

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

Agencies

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Tushar’s main goal is to spot good news-worthy info and get it out to the public as soon as possible. He has been writing about Personal Finance and Investing in India for the last 3 years. You can reach him at: tushar@allindiatoday.com


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