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Statement by AFL-CIO President John Sweeney on Delphi Attempt to Slash Wages and Benefits Through Bankruptcy
November 08, 2005

The attempt by Delphi Corp. to use the bankruptcy process to slash wages and benefits for workers and then award company stock and nearly $90 million in cash bonuses to managers and executives is obscene. It is an insult to the 33,650 Delphi workers from six AFL-CIO unions who made this company the world’s biggest auto parts manufacturer. It is a threat not only to the wages, benefits and job security of every industrial worker in America, but to the company’s shareholders, suppliers and customers. The AFL-CIO stands shoulder-to-shoulder with the Delphi workers and their unions. Not only can they count on the 5.5 million active and retired members of the six unions that formed the Mobilizing@Delphi coalition, they can count on the support of the entire 9 million member AFL-CIO. Together we will fight to force Delphi management to change the company’s anti-working family strategy.

Contact Esmeralda Aguilar (202) 637-5018

 
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