Goodyear plans to cut 700 jobs and sell 100 retails stores.
Goodyear to Cut 700 Jobs and Sell 100 Retail Stores
Goodyear Tire & Rubber is embarking on a strategic rationalisation plan for its Asia Pacific segment, which includes slashing 700 jobs and divesting approximately 100 retail stores and fleet locations.
This initiative is set to have a positive impact, bolstering the segment’s operation income by an estimated $50 million to $55 million by 2025.
The tyre manufacturer also anticipates an upswing in profitability within its Australia and New Zealand operations as a result of th...
Goodyear to Cut 700 Jobs and Sell 100 Retail Stores
Goodyear Tire & Rubber is embarking on a strategic rationalisation plan for its Asia Pacific segment, which includes slashing 700 jobs and divesting approximately 100 retail stores and fleet locations.
This initiative is set to have a positive impact, bolstering the segment’s operation income by an estimated $50 million to $55 million by 2025.
The tyre manufacturer also anticipates an upswing in profitability within its Australia and New Zealand operations as a result of th...
