You’ve worked for years for one of the world’s biggest car manufacturers, seen your workplace transferred to a new company as part of an outsourcing drive and held your breath through the rounds of job cuts and wage reductions.
Then suddenly you are faced with the very real possibility of losing your job as the factory where you work is closed down without warning.
The recent history of a Visteon worker you might think. But this is the case for 146,600 workers around the globe who work for Delphi Corp.
Delphi was spun-off from the troubled General Motors (GM) in 1999 in a way that mirrors the creation of Visteon from Ford. Having entered chapter 11 bankruptcy proceedings in the US in 2005, the company is now on the brink of collapse.
At the beginning of April, US president Barack Obama gave GM 60 days to “restructure” its operations.
As part of this process the US treasury is also seeking to resolve the ongoing bankruptcy at Delphi, which remains GM’s biggest supplier.
If Delphi’s lenders reject the proposed deal they may recall their loans by next week, forcing the company into liquidation.
With the car market in freefall, the sale of factories as going concerns may prove impossible, leaving the administrators to close the factories and throw thousands of workers out of their jobs.
If it comes to that the workers at Delphi’s plants, both here and around the world, face a simple choice – to meekly take whatever scraps the bosses may offer them, or to occupy their factories, fight for every job and follow the Visteon workers to victory.