Thread regarding Tower International Inc. layoffs

Layoffs to downsize and sell?

Heard they are already laying off in their Mississippi plant. And that cuts are coming to their headquarters in Michigan mid to late summer. Are they downsizing to sell? They left Asia, the left Europe, Believe they are leaving South America. Much more attractive to sell if just NA.

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Looks like the post was right. They downsized so they could be bought out. Which has happened. Layoffs will probably begin late this year or early next year.

Post ID: @Uzpn+Z9KzmOg

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