After a Sunday off, representatives of GM, Delphi and a little organization known as the United Auto Workers went back to the negotiating table (triangular, thanks for asking) to try and hammer out a deal that would cut tens of thousands of hourly jobs through early retirement packages. According to the Detroit News, a Saturday session that lasted well into the night ended in a stalemate, caused by negotiations for the "flowback" of Delphi workers to return to the company where they'd worked before the General spun off Delphi as an independent entity. As part of the spin-off, GM had guaranteed to pay retirement benefits to Delphi workers if the bottom fell out, making a positive outcome for GM a matter of billions of dollars. Most. Boring. Jenga. Game. Ever.
GM, UAW zero in on deal [The Detroit News]
Bogus Contract-Buyout Story Circulates at GM Plants [internal]