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Delphi Restructuring A Key To The Industry?

470 messages,  Last post on Jan 10, 2008 at 3:43 AM

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#421 of 470
Re: Delphi accepts $2.55B Appaloosa offer [rockylee] by jae5
Jul 19, 2007 (3:44 am)
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Replying to: rockylee (Jul 18, 2007 4:21 pm)

Fingers crossed
#422 of 470
Delphi News by jae5
Sep 07, 2007 (2:34 pm)
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GM-Delphi Deal
#423 of 470
Re: Delphi News [jae5] by rockylee
Sep 07, 2007 (9:22 pm)
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Replying to: jae5 (Sep 07, 2007 2:34 pm)

jae,
 
thanx for the update pal.
 
-Rocky
#424 of 470
Re: Delphi News [rockylee] by jae5
Sep 10, 2007 (12:23 pm)
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Replying to: rockylee (Sep 07, 2007 9:22 pm)

No prob, how are things going in Michigan?
#425 of 470
Re: Delphi News [jae5] by rockylee
Sep 11, 2007 (12:51 am)
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Replying to: jae5 (Sep 10, 2007 12:23 pm)

Glad to be back home but good jobs are hard to find. I've applied for about a dozen more positions yesterday. I might have to settle for something below me until a oppertunity opens.
 
-Rocky
#426 of 470
Delphi seeks court OK to pay up to $37M in exec bonuses by rockylee
Sep 13, 2007 (3:31 pm)
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http://www.detnews.com/apps/pbcs.dll/article?AID=/20070913/UPDATE/709130447/1148- /rss25
 
-Rocky
#427 of 470
jae....... by rockylee
Sep 17, 2007 (12:49 am)
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If the UAW, was to go out on strike at GM, which isn't likely as it seems negotiations haven't broken down and are going better than some expected. What I'm getting at is Delphi, wouldn't be as affected as it would of been in years past. My step-dads plant here in Wyoming, Mi. has gotten so diversified and so much business from company's like toyota, and other car company's it's basically strike proof to a certain extent. I might not of said those words five years ago but with Delphi, winning so many new contracts in recent years and known future contracts they have said GM, will only account for about 30% of their business I believe they said by 2010. It's almost crazy......Just 10 years ago GM, accounted for roughly 70% of Delphi's business and in under a decade those tides have sure turned.
 
-Rocky
#428 of 470
Just did a Delphi, focused Resume :) by rockylee
Sep 17, 2007 (3:03 am)
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Jae,
 
Step-dad thinks after these folks get called back from the Coopersville, Mi. Delphi plant that closed he thinks they are going to hire again to have enough folks to build all the new products their plant has contracts for.
 
I handed in a resume last week but I just modified it and listed all my relatives that once worked at the plant less than a mile from my house here in Wyoming, Mi. I came up with a total of 12 relatives that worked at that plant or another GM/Delphi, plant in the past. I have only 1 GM, relative (a cousin) left and 2 Delphi, relatives my father's sister (My aunt) and my step-dad who are active/current employees of Delphi Corp. I hope if all else fails career wise, I will one day be a UAW-Delphi employee and my goal would be to get in the skill-trades as a apprentice.
 
Well I need to get some sleep as I've been awake job hunting this early morning through the help wanted classifieds in the newspaper and applying for jobs that are below me but "a mans gotta do, what a mans gotta do" well for the time being.
 
-Rocky
#429 of 470
Re: Just did a Delphi, focused Resume :) [rockylee] by lemko
Sep 17, 2007 (4:28 am)
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Replying to: rockylee (Sep 17, 2007 3:03 am)

Hang in there, Rock. I remember doing a lot of work that was way below me and a lot of 70-80 hour weeks just to get by when I was out of work. I worked in mail processing, tedious electronic component assembly, and even drove a cab. Within a year I escaped this drudgery and was on my way. Just beware of the scams like MLMs or Kirby Vacuum sales.
#430 of 470
Re: Just did a Delphi, focused Resume :) [rockylee] by jae5
Sep 17, 2007 (9:28 am)
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Replying to: rockylee (Sep 17, 2007 3:03 am)

Man,
 
Hang in there. When I was laid off last time (4 months) I did like Lemko; just didn't place resumes for jobs I really wanted. I applied at any / all places for jobs I had skills for, like parts stores, Home Depots, mail rooms, anywhere. I finally landed a gig at a gen-set place; we used GM Vortec engines and Cat/Perkins engines for generator sets. Hopefully something will pop soon.
 
Back to Delphi:
I still don't like that deal about the bonuses. I think that's some BULL-SHUCKS. Reward those that cause the issues in the first place. But I guess since they "made the numbers" it's all gravy baby. I do like the diversification though.

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