Lear to cut jobs,close 21 facilities
SOUTHFIELD, Mich. -- Auto supplier Lear Corp. is cutting its work force by 6,500 positions and closing 21 facilities as it adjusts to declines in auto production. The company did not say whether its Lordstown plant would be affected, and a Lear spokeswoman could not be reached.
The auto parts supplier said Friday it expects to complete the cuts by the end of the year. It is cutting 9,500 jobs but is adding 3,000 at other sites.
Lear reported a loss of $48.8 million, or 74 cents a share, for the fourth quarter. For the year, it earned $26.3 million, or 40 cents a share, on sales of $13.6 billion, down from $274.7 million, or $4.17 a share, on sales of $14.1 billion in 2000.
Flight attendantsreject union
WASHINGTON -- Flight attendants at Delta Air Lines rejected union representation after one of the largest labor organizing efforts in decades.
Of Delta's 19,033 flight attendants, 5,520 voted to be represented by the Association of Flight Attendants -- 5,609 voted. Ballots that were not sent in counted as "no" votes, so federal mediators declared Delta the victor.
The outcome was a major blow to the union, which had spent four years and millions of dollars on the campaign.