Saturday, October 22, 2005

Unions irate over Delphi's new offer

The Detriot Free Press reports on the overpaid:
Delphi Corp. delivered a proposal to its labor unions Friday that calls for deep wage and benefit cuts, sparking an immediate howl of protest from the UAW.


"Delphi's proposal is designed to hasten the dismantling of America's middle class by importing Third World wages to the United States," UAW President Ron Gettelfinger and Vice President Richard Shoemaker said in a statement Friday afternoon.

Neither the UAW officials nor Steve Miller, chief executive officer of the automotive supplier, now in Chapter 11 bankruptcy, would reveal details. But Miller said the package was similar to the sharp concessions Delphi sought from the UAW prior to filing for bankruptcy Oct. 8, which include wages as low as $10 an hour, which would be a cut of about 60% for some workers.

"I think that it's ridiculous," said Todd Jordan, who works at a Delphi electronics plant in Kokomo, Ind. "The problem is that we have a living standard based on this $26 an hour, and right now we're living within our means. Now we're going to have to file for bankruptcy."Jordan said he has a pregnant wife and a 6-year-old daughter who depend on his income.
When your deal at work is way too good maybe you should understand it can't last forever.But,if these union workers are unhappy they can always leave and go somewhere else like the rest of us in the private sector that don't have a union boss behind them.I'll bet nobody is going to pay them $54,000 if they don't have a college degree.