CHICAGO -- Unions representing nearly all of bankrupt auto parts maker Delphi Corp.'s U.S. hourly workers said on Monday they have formed a coalition to fight proposed wage and benefit cuts they called an assault on working families.
The United Auto Workers, IUE-CWA, United Steelworkers, International Brotherhood of Electrical Workers, International Association of Machinists and the International Union of Operating Engineers said they formed the coalition on Thursday, Nov. 3.
"We are outraged by Delphi's attempt to use the bankruptcy process to dictate the radical destruction of the living standards of America's industrial workers ...," the coalition said in a statement.
Unions leaders said the cost-cutting demands are especially hard to swallow when Delphi also plans cash and equity bonuses for several hundred executives as incentives to stay with the company through its reorganization.
Delphi on Oct. 8 filed the biggest bankruptcy in automotive history. The unions represent about 33,650 Delphi workers. The company has about 50,000 U.S. workers, including 34,750 hourly employees.