Thread regarding Tower International Inc. layoffs

Been a bad month to be an employee at Tower International

Been a bad month to be an employee here. Cuts being made, company being sold. More cuts on the horizon. Not a fun place to have to walk into because you never know when it will be your turn to be walked out. Hearing another big wave of layoffs coming soon. Jim G said this was going to be good for the employees but that does not look like the case. Everyone is walking on egg shells and the only ones who will seem to benefit are the ones with nice buyout packages and large amounts of stock.

Sadly, the situation is really as bad as @103lR5WE-fmot said. I thought this belonged on top, so more people would see it.

| 1745 views | | 1 reply (last )
Post ID: @OP+10jT23Kq

1 reply

Now with the threat of layoffs people are interviewing like crazy. There has been an increase of people leaving on their own. Everybody sees the writing on the wall. I hear they are looking to close offices in Grand Rapids and plan to have Mexico and Brazil plants sold by 1Q next year.

Post ID: @8tsa+10jT23Kq

Post a reply