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Delphi to cut 600 white-collar jobs
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Posted on
Aug 19 2008 7:06 AM
by
adeal
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Delphi Corp. said Monday that its electronics and safety division will lay off about 600 of its 3,200 U.S. salaried workers, blaming a steep drop in automaker demand for its components. Delphi Spokesman Milton Beach said the job cuts are part of a plan to cut the division's total costs by 25 percent as a result of the dramatic decrease in North American vehicle production this year.
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