I know that this sounds like a broken record (cliché, but a good one)…. Rumors - some folks are talking about possibly having layoffs in Lake Forest.
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Company is supposed to be split and then sold next year. Strangest management team I have ever seen.
Lots of layoffs coming soon. Company is heavily in debt. Stock is like the titanic. Keeps going down.
We heard lots of layoffs at the beginning of July and the end of September of this year. We have had a lot of unannounced layoffs every month for awhile at Tenneco. The merger with Federal Mogul is supposed to be delayed until January of 2019.