The main driver for this action is poor sales/program management and lack of a sound strategy to gain the required substantial business to keep the highly leveraged structure alive . Shiloh has built it's management structure using personnel with... — read more
Topics regarding layoffs at Shiloh Industries Inc.
Shiloh Industries yesterday and today laid off multiple engineers, designers, and program managers at their Plymouth MI Technical Center. Job postings that had been up for multiple months were also removed.
The whole industry is contracting right now - nobody is immune and Shiloh is affected. I hope all goes well.
Any indications about this?