NEW YORK -- Delphi Corp. employee unions asked a bankruptcy judge Wednesday to reject a $60 million-a-year executive bonus program at a time when the auto-parts supplier is moving forward on attrition programs offered to more than 30,000 union employees.
In its objection filed Wednesday, the International Union of Electronic Workers-Communications Workers of America said extension of the annual incentive program for senior executives "will anger, humiliate and alienate 34,000 Delphi represented workers and interfere with their unions having any reasonable chance to negotiate modifications in their collective bargaining agreements."
The IUE-CWA, Delphi's second-largest union, was joined by four others.
Delphi asked Judge Robert Drain of the Southern District of New York to extend the bonus program for the second half of this year and let it continue as long as the company is in bankruptcy.
The IUE-CWA asked the court to delay the motion until the company emerges from court protection.
The matter is scheduled for a hearing one week from Wednesday.
Tuesday, the company reported a $2.4 billion loss for 2005, in a delayed filing with regulators.