(Reuters) - CHICAGO, June 29 - The United Auto Workers is expected to announce results of a member vote on Friday on a deal that auto parts maker Delphi Corp. says it needs to exit bankruptcy, with initial results from the union's local voting units pointing toward support.
Voting on the agreement, which includes wage and benefit cuts and eventual plant closings, is cumulative among the eligible 17,000 UAW members, but results reported independently from some of the largest locals showed a majority in favor.
Read more at Reuters.com Bonds News
Voting on the agreement, which includes wage and benefit cuts and eventual plant closings, is cumulative among the eligible 17,000 UAW members, but results reported independently from some of the largest locals showed a majority in favor.
Read more at Reuters.com Bonds News
1 comment:
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