The sale has completed and looks like heads are rolling at Tower. All leadership roles taken over by L&W. Many layoffs expected this week.
Tower as you guys knew it is gone. Within 6 months the Livonia building lease will be emptied out and the IT and Finance groups will take another reduction. Now that the GM truck frame program was given back there will also be some cuts in... — read more
Hold on tight
Hope nobody from Tower is feeling secure. Plans are slowly starting to leak or at least rumors of more cuts on the near horizon. Grand Rapids Office is said to be in trouble. Probably closed in next 6 months. IT is due to take a large hit as well... — read more
Why is Tower doing layoffs again?
What's causing it?
New Week- New cuts?
I’m sure I’m not the only one that had a stressful and sleepless weekend. This is far from over, I’m sure everybody is aware of that, so the first thing that comes to mind today is are there any rumors or info about where could the layoffs hit this... — read more
Is it over?
Can we expect more cuts today?
Anyone knows more? Who has details? Updates?
The cuts are coming fast
Friday was horrible and it is only going to be worse today. Cuts are already coming fast and furious. Hearing 2/3 of Tower Livonia will be gone.
What gives with the new CEO/Chairman phoning it in on meeting for Tower employees after the meeting? Seems cowardly? Also, was new COO a “plant” all along???
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... — read more
Sale confirmed, expect major layoffs
Whoever said it first in another thread on this forum was very much right. Autokiniton Global Group is buying Tower - which means that we are in for a bumpy ride from here on in. We can expect major layoffs as is the case with any acquisition -... — read more
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... — read more
the waiting game
How long until after the sale is finalized will more cuts come? Many rumblings out there. Appears IT and HR to take largest hits? Also, hearing possible office closings, top of that list is one in Grand Rapids and downsizing of current... — read more
Sale almost complete
So the sale will be finalized in about 2 weeks. Word is already spreading that layoffs are coming. Hearing they want them done before end of year so they don't have to worry about paying bonuses. Also, hearing Grand Rapids office will be... — read more
AGG cleaned house of 90% Tower employees putting new work in plants on current programs in risk. Integrators are terrified and customers like Ford GM are very upset. 270 some people are left on streets in a shocking nightmare. L&W, whom AGG bough out... — read more
Are layoffs coming
There are rumors that Tower is going to be having some big cuts in their corporate staff. Each department being looked at to downsize. With Finance, Technology, and IT being the biggest hit. Early to mid June looks like the time frame for these cuts.