Steve Wybo: Supplier Nexteer warns of temporary layoffs due to GM strike – Crain’s Detroit Business
Steve Wybo was featured in Crain’s Detroit Business’ article titled “Supplier Nexteer warns of temporary layoffs due to GM strike.”
Earlier in the week, suppliers had not yet been instructed by GM to slow or stop supply production, said Steven Wybo, senior managing director of turnaround advisory firm Conway MacKenzie.
“Release schedules from GM to suppliers haven’t changed yet,” Wybo said at the time. “Beyond a week, I see releases going down substantially, which is when we’ll start to see some suppliers suffer.”