Socialist Worker

New attack at Delphi

by Mark Dunk
Issue No. 2160

Bosses at the Delphi car component firm want to cut one in four jobs at their Kirkby plant in Merseyside.

The 71 planned job cuts are currently being discussed in a 30-day “consultation period”.

The workers at Delphi have already experienced a sustained assault on jobs, working conditions and wages.

This is a critical time for Delphi as the auction to conclude its drawn-out bankruptcy proceedings is about to take place.

This will leave Delphi in the hands of either Platinum Equity, an LA-based private equity firm, or the banks that have overseen Delphi’s bankruptcy, which are led by JP Morgan.

Whichever way the auction goes, Delphi’s new owners will be looking to squeeze even more profit out of the firm.

If workers at the Kirkby plant mount a fight for jobs, all Delphi workers should back their resistance. This would send a clear message to the new bosses that workers will not pay for their crisis.

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Tue 14 Jul 2009, 18:56 BST
Issue No. 2160
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