“ Goodyear Tire & Rubber Co. laid off 41 Akron-based employees last week, part of a continued restructuring that will cut more than 3,000 jobs across the company in the coming years. The announcement comes on top of an earlier notice that Goodyear... — read more
Goodyear laying off dozens in Akron
“Last week, as part of our ongoing Goodyear Forward transformation, we announced a reduction of 82 roles across Goodyear’s corporate functions, Global Operations & Technology and Americas business,” a company spokesperson said in a statement. Half... — read more
700 Layoffs
I heard 700 layoffs are coming to Danville and Fayetteville. Has anyone else heard this? My brother is in upper management and mentioned it while at lunch. He seems worried to. Anyway I hope it's just a rumor. I just bought a boat and had a house... — read more
Goodyear cutting positions at Akron headquarters, sending 175 jobs to Costa Rica
Goodyear said it plans to move "175 roles supporting our Americas business and corporate functions to a new Goodyear location in Costa... — read more
Getting Sold? Any related layoffs?
Hearing a rumor that our Japanese 4X4 unit may get sold. Also hear that they are looking to cut costs. Any layoffs anyone has heard about?
Raid on HQ for Europe
I saw the news article on a raid on multiple locations in Europe. Anyone know if the US HQ was also raided by authorities? Wonder how far the issue runs and if this could result in mass class action lawsuits. I believe there was an issue with an RV... — read more
Ohio WARN notice
Quick comment and seeking clarification. If there is a mass layoff, doesn’t Goodyear have to issue a WARN notice? If they don’t, how are they skirting the law?
Layoffs in EMEA?
Hearing rumours of layoffs in EMEA. Anyone knows if that’s true? Just wondering if the same medicine gets applied to the US.
Goodyear…you mean Badyear for layoffs.
Time to update the resume.
Any new layoff vibes?
The stock is tanking post earnings call. Think there will be more layoffs n the horizon? What about Goodyear subsidies such as capital investment? I see that they were investing in startups. Will that continue given the state of the company revenue... — read more
Mass layoffs @ GY Akron HQ today Jan 31 2024
Mass layoffs @ GY Akron HQ today Jan 31 2024. New CEO's first day on the job was January 29, 2024.
Goodyear Tire Layoffs 2024
Make a prediction and tell us what you think about Goodyear Tire layoffs? Any chatter, news or rumors?
Not pretty
From the release: “Cost reduction actions driving an annual, run-rate benefit of $1 billion by the end of 2025. The Company has initiated a specific and actionable cost reduction plan encompassing footprint actions and plant optimization; purchasing... — read more
Any cuts today?
Everything is quiet in my group. Have there been any layoffs anywhere in the company?
Anyone working heard anything more about layoffs?
Earnings came out today.
Payroll issues?
Any truth to the rumor around corporate that GT is having challenges meeting payrolls? If true, then that’s scary.
Whats the general morale at HQ with everything going on?
Are people jumping ship? Are people fearing for their jobs?
Severance
What kind of severance can we expect? Is there anywhere I can check?
Let’s keep our heads people. This is literally all speculation.
Unless there are some real facts out there that there will be layoffs in the US, I would take anything on here with a large grain of salt. There is no one who actually works at the HQ hearing there will be layoffs. The company is currently hiring and... — read more
Goodyear Tire to cut 700 jobs, sell retail stores in Asia Pacific
Post here. https://www.reuters.com/business/autos-transportation/goodyear-tire-cut-700-jobs-sell-retail-stores-asia-pacific-2023-09-22/
Pending layoff US
Wow. I thought the comment about 2,800 being laid off in NA was bull, but after the Asia announcement of 700 only netting $50M in savings I think whoever posted that 2,800 number is dead on. How can this company have that much fat. Is management that... — read more
Layoffs
Anyone with good intel hear anything else about further layoffs? With the auto worker strike, my friend is concerned. He is about to accept an offer to work there at the HQ in Akron.
GT Stock Price
Thought that after Elliott took over, things will look up. No such signs. Still the same old management playing the smoke and mirror tricks. If Elliott is in there then they will push for a sale or major restructuring or both. Hearing rumors of... — read more
Elliott effect
Elliott typically forces sell off of part of the company products and mass layoffs. Watch out.
There'll be more layoffs
This was just the start. We need much better results to be safe, and I don't see that happening any time soon. Sadly, the only way this management knows how to attempt to improve things is through operational cuts. As long as they continue to do... — read more
Were you laid off? WARN Act
The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more
Mass layoffs at global headquarters in Akron Ohio
Confirmed there are at least 70 people laid off with no call back in tire engineering departments in Akron. Been told that all areas will see some effect or layoffs. Many people had 15 to 30 plus years with the company. There's no care or loyalty for... — read more
Goodyear Tire Layoffs 2023
Is this going to be an interesting year as it relates to Goodyear Tire layoffs? Any chatter, news or rumors?
Goodyear Danville
For several months now it's been rumors of layoffs and hour cuts. So far it's just rumors. However, Goodyear won't be able to sustain if it continues to hire people with no work ethic. Young people still at home with mama come here and don't give a... — read more
Labour abuse claims with workers at Goodyear Malaysian factory
Goodyear settles labour abuse claims with workers at Malaysian factory: https://finance.yahoo.com/news/goodyear-tire-settles-wage-dispute-105520960.html
Job Cuts on the horizon
About 500 jobs to go as per this website: https://www.tyrepress.com/2022/08/goodyears-cooper-integration-almost-500-jobs-to-go/
Layoffs in Akron?
Hearing rumors on the back of tyre call backs, lawsuits, debt and weak stock performance. Any confirmation or anyone else hear anything at Akron or elsewhere ? I am starting to look for jobs…
Any further rumors ?
Post from TheLayoff.com @5Chja+18krJaA3 Any more rumors of layoffs your side ? Hope you come out fine. Worried about my side of things. Wonder if they will once again keep the suits and cut the minions.
Goodyear Tire Layoffs 2022
Is there going to be any reorg or Goodyear Tire layoffs? Any chatter, news or rumors?
Are we getting sold?
Any truth to the rumor mill about GT being acquired by hedge funds ? If so, their modus operandi is to strip every company down to bare metal and sell it for scrap.
Laid off in EU
Got our initial notices. Not sure what the situation is in US and other countries. GT shut their doors in United Kingdom a long time back. Hope others are OK. As for us, we do not know what to do. In this COVID lockdowns there are no jobs in this... — read more
FINALLY!
I was laid off months ago and was finally able to land a job and I’m pretty damn excited about it! How is everyone else doing? Were you able to land on your feet quickly or are you having a difficult time like I did? For those who found something was... — read more
Goodyear Tire Layoffs 2021
If the market makes a turn soon, do you think there will be Goodyear Tire Layoffs 2021? Any news or rumors?
Do you think we'll go bankruptcy, and if yes when?
What do you think?