Delphi Corporation
ORG
Delphi Corporation Delphi
An anxious standoff loomed over the automobile industry as the Delphi Corporation filed papers in federal bankruptcy court yesterday seeking to unilaterally impose wage and benefit cuts on its 34,000 hourly workers. Seeking the unilateral cuts sets up a confrontation with Delphi's two big unions. But the biggest effect would be felt at General Motors, which spun off Delphi as a separate company in 1999 and still relies on it for many of its parts.