GOODYEAR ANNOUNCES COST SAVINGS ACTIONS
January 28, 2023
January 28, 2023
AKRON, Ohio, Jan. 28 -- Goodyear Tire and Rubber issued the following news release on Jan. 27, 2023:
The Goodyear Tire & Rubber Company today announced cost savings actions in response to a challenging industry environment and cost pressure driven by inflation.
Planned rationalization and workforce reorganization would result in an approximately 5% reduction in salaried staff globally, or about 500 positions.
"Our fourth quarter results fell short . . .
The Goodyear Tire & Rubber Company today announced cost savings actions in response to a challenging industry environment and cost pressure driven by inflation.
Planned rationalization and workforce reorganization would result in an approximately 5% reduction in salaried staff globally, or about 500 positions.
"Our fourth quarter results fell short . . .