Delphi Looking to Legally Void Union Contracts

As part of its plans to close 21 of 29 U.S. manufacturing plants and layoff up to 8,500 workers, Delphi has asked a bankruptcy to void its union contracts. The company has what are supposed to be legally binding labor agreements with the UAW and the UE but claims several of these are "unprofitable" and stated that "we simply cannot continue to sell products at a loss." If Judge Robert Drain rules in favor of Delphi, look for workers to lose wages, healthcare benefits, pensions, and even jobs.