Topics regarding layoffs at Goodyear

Topics regarding layoffs at Goodyear

Cutting 850 in Danville

Goodyear to cut 850 jobs in Danville https://www.chathamstartribune.com/news/article_1f21f6cc-e381-11ef-8209-3b21055b2582.html goodyear published it will reduce its workforce at the danville plant in virginia as part of a much wider costcutting... — read more 

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Post ID: @OP+1jp1knnna

Not Looking Good

Layoffs are coming to all North American plants. I have it on good authority that 18-22% of floor workers will be unemployed after Christmas. Possibly 30% of management will be out the door as well. My source tells me things are tight globally and... — read more 

When do you plan to retire

honestly may pay is so small and I am 46 and I barely have anything saved and I am so concerned. i hope you are in a better position but it's so hard to make ends meet not to mention savings. i just do not know how to make things better, too early to... — read more 

3000 Jobs on the chopping block

“ 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 

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?

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Post ID: @OP+1tu20t9U

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.

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Post ID: @OP+1riBYswW

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 

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| 571 views | | 2 replies (last February 14, 2024)
Post ID: @OP+1r3xhQrD

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 

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| 1490 views | | 6 replies (last February 2, 2024)
Post ID: @OP+1pBZJhqR

Any cuts today?

Everything is quiet in my group. Have there been any layoffs anywhere in the company?

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| 736 views | | 3 replies (last February 1, 2024)
Post ID: @OP+1pAywcSy

Payroll issues?

Any truth to the rumor around corporate that GT is having challenges meeting payrolls? If true, then that’s scary.

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| 650 views | | 1 reply (October 9, 2023)
Post ID: @OP+1oVPAoL7

Severance

What kind of severance can we expect? Is there anywhere I can check?

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| 632 views | | 1 reply (September 27, 2023)
Post ID: @OP+1oN7ZgDn

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 

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| 805 views | | 1 reply (September 24, 2023)
Post ID: @OP+1oKun4Mn

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.

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| 567 views | | 3 replies (last September 19, 2023)
Post ID: @OP+1oFxCdOP

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 

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| 1062 views | | 9 replies (last September 17, 2023)
Post ID: @OP+1nX4P0g5

Elliott effect

Elliott typically forces sell off of part of the company products and mass layoffs. Watch out.

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| 881 views | | 1 reply (September 19, 2023)
Post ID: @OP+1mF5kPKm

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 

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| 1364 views | | 2 replies (last February 8, 2023)
Post ID: @OP+1l4ZvjYP

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 

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| 1220 views | | no replies yet
Post ID: @OP+1kThdOjf

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 

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| 2097 views | | 8 replies (last February 6, 2023)
Post ID: @OP+1kS11Um2

Goodyear Tire Layoffs 2023

Is this going to be an interesting year as it relates to Goodyear Tire layoffs? Any chatter, news or rumors?

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| 1286 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1jUmZVE9

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 

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| 1372 views | | no replies yet
Post ID: @OP+1jLy05mM

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/

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Post ID: @OP+1iIB4lgG

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…

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| 1455 views | | no replies yet
Post ID: @OP+1hb7NYfv

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.

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| 964 views | | no replies yet
Post ID: @OP+1eiBjf76

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