growler_south (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
growler_south) wrote2006-03-31 04:21 pm
growler_south) wrote2006-03-31 04:21 pm
So long, and thanks for all the....
... errr, on second thoughts, what *has* GM given us that wasn't utterly forgettable?
At 9:30am tomorrow morning, a group of lawyers representing bankrupt auto supplier Delphi will appear in front of a federal judge. The lawyers will file legal motions for Sections 1113 and 1114. It’s a legal request to void Delphi’s current collective bargaining agreements with the United Auto Workers (UAW). The moment the judge says the word “granted,” he will terminate the wage structure, post-retirement health care and life insurance plans for the company’s 33k US hourly workers. The UAW will respond with a strike against Delphi. Starved of its former subsidiary’s parts, GM’s assembly lines will fall silent. The General will begin its final slide into Chapter 11.
From TTAC: GM Deathwatch #63.
At 9:30am tomorrow morning, a group of lawyers representing bankrupt auto supplier Delphi will appear in front of a federal judge. The lawyers will file legal motions for Sections 1113 and 1114. It’s a legal request to void Delphi’s current collective bargaining agreements with the United Auto Workers (UAW). The moment the judge says the word “granted,” he will terminate the wage structure, post-retirement health care and life insurance plans for the company’s 33k US hourly workers. The UAW will respond with a strike against Delphi. Starved of its former subsidiary’s parts, GM’s assembly lines will fall silent. The General will begin its final slide into Chapter 11.
From TTAC: GM Deathwatch #63.