Thread regarding Tower International Inc. layoffs

Hearing rumblings that the one year anniversary of AGG buyout of Tower will activate a new round of layoffs of higher paid Tower leftovers.

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Yes they started back in July and now as the new year approaches there are talks of more layoffs coming toward the middle to end of Q1. AGG seems to want to distance them self from the old Tower ways and is looking to get rid of many of the remaining Tower employees. Also hearing that One or Two Tower plants could be announced to close in Q3. What once was a strong productive and profitable business model is going away by a new leadership group from AGG who don't know how to run such a large company.

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