Judge: salaried employees get a rep
Neil Roland, covering the Chrysler bankruptcy for Automotive News, wrote today that the 16,000 non-union retirees and their spouses will be represented in the stakeholder committee. A group of retirees said that up to this point, they had not been included in negotations.
Delphi’s bankruptcy rulings eliminated health care for salaried retirees, while providing massive bonuses to current executives and over-thousand-dollar-per-hour wages to bankruptcy attorneys.
Retirees include engineers and clerical staff.
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