UPDATE 1-Delphi seeks to void labor contracts, cut jobs


(Adds details from press release, background, byline) By David Bailey CHICAGO, March 31 (Reuters) - Auto parts maker Delphi Corp. said it will move on Friday to void its U.S. labor contracts and unprofitable deals with former parent General Motors Corp. , and that it will shed up to 8,500 salaried workers and cut its global plant base by a third. The sweeping cuts were expected to be a key part of Delphi's attempts to emerge from bankruptcy and Delphi's chief executive said the company ...

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