Delphi Automotive Systems said today it would lay off an additional 1,400 employees because of an expected slowdown in vehicle sales next year.
The company announced a restructuring plan last March and the elimination of 11,500 positions in May. It said it expects global sales of $25.5 billion in 2002, down from its $26.1 billion outlook for 2001.
The additional layoffs will come through buyouts, the company said.