Connect with us
GOODYEAR-LOGO

News

Goodyear Cuts Jobs at Danville Plant

The Goodyear Tire & Rubber Co. announced it will eliminate 60 positions at its manufacturing facility in Danville, Virginia. 

Advertisement

Advertisement
Click Here to Read More
Advertisement

The Goodyear Tire & Rubber Co. announced it will eliminate 60 positions at its manufacturing facility in Danville, Virginia.

A Goodyear spokesperson told VirginiaFirst.com that the layoffs come as the company “continually adjusts staffing levels to operate as efficiently as possible.” These layoffs come after the company announced the elimination of 13 salaried positions at the plant, GoDanRiver.com reported.

In its year-end financial results, Goodyear reported a 5% drop in sales compared to a year ago as well as a drop in segment operating income. Yet Goodyear’s 2018 sales were $15.5 billion, up 1% from the prior year, driven by improvements in price/mix, partially offset by unfavorable foreign currency translation, according to its financial reports.

 

 

 

Advertisement
Click to comment

POPULAR POSTS

Buyer Beware? Chinese Tires Mean Different Quality Levels

News

Cooper Introduces CS5, Phases Out CS4

News

Michelin Rolls Out Premier LTX

Bridgestone-Newsmakers-800x400 Bridgestone-Newsmakers-800x400

Featured

2019 Newsmakers: Bridgestone Americas

Connect