Thread regarding Shiloh Industries Inc. layoffs

Shiloh layoffs: January 28 & 29

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| 2263 views | | 2 replies (last January 30, 2019) | Reply
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This is true and ongoing

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Post ID: @fyh+XnoJ6Q2

Those eliminated were mostly 50+ years old. 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 little understanding of the technical requirements and continue struggling to launch new programs within the quoted cost. Death spiral imminent.

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