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BRIEF-Goodyear Tire & Rubber Approved Plan To Reduce Co's Production Capacity

ReutersFeb 4, 2025 10:51 PM

- Goodyear Tire & Rubber Co GT.O:

  • GOODYEAR TIRE & RUBBER CO - PLAN INCLUDES 850 JOB REDUCTIONS AT DANVILLE, VIRGINIA FACILITY

  • GOODYEAR TIRE & RUBBER CO - APPROVES PLAN TO REDUCE PRODUCTION CAPACITY AND COSTS IN AMERICAS

  • GOODYEAR TIRE & RUBBER: REACHED DEAL WITH UNITED STEELWORKERS, APPROVED PLAN TO REDUCE CO'S PRODUCTION CAPACITY & PRODUCTION COST PER TIRE IN AMERICAS

  • GOODYEAR TIRE & RUBBER CO - TOTAL PRE-TAX CHARGES ESTIMATED BETWEEN $130 MILLION AND $140 MILLION

  • GOODYEAR TIRE & RUBBER CO - $80 MILLION TO $90 MILLION EXPECTED AS CASH CHARGES

Source text: [ID:n0001193125-25-020075]

Further company coverage: GT.O

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