FOX 2 is following breaking developments involving workers in the city of Detroit. FOX 2 is reporting that Detroit Mayor Dave Bing is cutting the pay and benefits of city union workers in hopes of saving the city more than $100 million annually.
Bing says in a statement that Wednesday is a "tough" but "necessary" day for Detroit and that the city no longer can operate in excess of its expenses. The new contracts feature a 10 percent wage cut and significant changes to health care and work rules.
Bing said he took no pleasure in the cuts, arguing they were necessary for the city's financial stability.
The City Council rejected the proposal Tuesday, but Detroit's financial advisory board can implement the actions without council's approval.
Detroit Police Officers Association President Joseph Duncan says workers are "devastated" by the city's move. He says it effects officers financially and their morale.
The Associated Press contributed to this report.
Stay with FOX 2 and myFOXDetroit.com for updates on this developing story.