Nearly 800 jobs are being eliminated at the steering division of Delphi near Saginaw, Michigan. The cuts are hitting 425 hourly workers and 350 employees who are on salary. The layoffs were announced on Monday at the Delphi complex in Buena Vista Township and will kick in March 1.
Mike Hanley, president of United Auto Workers Local 699, says the news was anticipated. Delphi has had temporary furloughs since the start of the year.
Hanley tells The Saginaw News blue-collar workers who volunteer to leave will get severance.
Agencies
Showing posts with label Michigan. Show all posts
Showing posts with label Michigan. Show all posts
Tuesday, February 17, 2009
Tuesday, February 10, 2009
Has China overtakes US as largest auto market?
China overtook the United States as the largest auto market in the world in January, according to data published by Chinese state media on Tuesday.
A total of 735,000 automobiles were sold in China last month, state television said, citing Dong Yang, deputy director of the China Association of Automobile Manufacturers.
By contrast, 656,976 vehicles were sold last month in the United States, according to preliminary estimates issued last week by market research firm Autodata.
Agencies
A total of 735,000 automobiles were sold in China last month, state television said, citing Dong Yang, deputy director of the China Association of Automobile Manufacturers.
By contrast, 656,976 vehicles were sold last month in the United States, according to preliminary estimates issued last week by market research firm Autodata.
Agencies
Thursday, January 15, 2009
IBM plans to open Iowa centre; To create 1,300 jobs
IBM, the world's largest technology services company, plans to open a new computer support center in Iowa, creating up to 1,300 new jobs and defying a trend of widespread corporate layoffs.
The Dubuque facility in a 10-story office building once occupied by now-defunct retailer Roshek's Department Store, will create jobs for high-tech workers at a time when many technology companies are cutting staff.
Workers will provide security services and remote support to IBM customers, helping to maintain computers and software systems primarily located in the United States, IBM said.
International Business Machines Corp said it plans to employ several hundred people in the facility by the end of this year, following renovations to the top eight floors of the building that it will occupy to make it more energy efficient.
By the end of next year, as many as 1,300 IBM employees will work in the building built in the 1930s, IBM said.
On Tuesday, IBM announced plans to work with Michigan State University to build a software development center in East Lansing, Michigan, that will create up to 1,500 jobs over the next five years.
Agencies
The Dubuque facility in a 10-story office building once occupied by now-defunct retailer Roshek's Department Store, will create jobs for high-tech workers at a time when many technology companies are cutting staff.
Workers will provide security services and remote support to IBM customers, helping to maintain computers and software systems primarily located in the United States, IBM said.
International Business Machines Corp said it plans to employ several hundred people in the facility by the end of this year, following renovations to the top eight floors of the building that it will occupy to make it more energy efficient.
By the end of next year, as many as 1,300 IBM employees will work in the building built in the 1930s, IBM said.
On Tuesday, IBM announced plans to work with Michigan State University to build a software development center in East Lansing, Michigan, that will create up to 1,500 jobs over the next five years.
Agencies
Tuesday, December 9, 2008
General Motors India to hire 500 people
Even as companies are giving pink slips to employees as a result of the global meltdown, GM India is increasing its employee strength from the present 4,000 to 4,500 by 2009, a top official of the company said.
"We will be increasing the number of our employees from 4,000 to 4,500 by 2009," GM India Vice-President P Balendran told mediapersons here.
"The 500 include 300 for the car plant in Talegaon, 200 for the powertrain facility, also in Talegaon, and the engineering centre in Bangalore", he said.
On slashing prices, Balendran said the firm, which had been offering discounts ranging from Rs 2,000 to Rs 50,000, besides a discount of Rs 3,000 to Rs 5,000 to government and PSU employees during the festival season, would continue them (discounts) till the end of this month.
However, the firm is planning a price hike of 2-3 per cent in January 2009, he said. The market, Balendran said, was sluggish and the usual sales growth during the festive season, which used to be in the range of 25-30 per cent, had come down to 5-7 per cent this season.
"The main reason for the sluggishness is there is no liquidity in the market. Eighty-five per cent of GM's vehicles are financed, of which 70 per cent are by private banks," he said.
On the Talegaon plant, Balendran said, "The capacity of the plant, which commenced operations in September 2008, can go up from 1.40 lakh units now to 3 lakh units."
Source: Agencies
"We will be increasing the number of our employees from 4,000 to 4,500 by 2009," GM India Vice-President P Balendran told mediapersons here.
"The 500 include 300 for the car plant in Talegaon, 200 for the powertrain facility, also in Talegaon, and the engineering centre in Bangalore", he said.
On slashing prices, Balendran said the firm, which had been offering discounts ranging from Rs 2,000 to Rs 50,000, besides a discount of Rs 3,000 to Rs 5,000 to government and PSU employees during the festival season, would continue them (discounts) till the end of this month.
However, the firm is planning a price hike of 2-3 per cent in January 2009, he said. The market, Balendran said, was sluggish and the usual sales growth during the festive season, which used to be in the range of 25-30 per cent, had come down to 5-7 per cent this season.
"The main reason for the sluggishness is there is no liquidity in the market. Eighty-five per cent of GM's vehicles are financed, of which 70 per cent are by private banks," he said.
On the Talegaon plant, Balendran said, "The capacity of the plant, which commenced operations in September 2008, can go up from 1.40 lakh units now to 3 lakh units."
Source: Agencies
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