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Jun 12

Goodyear to Halve Capacity at German Plant, Cut Jobs

Goodyear Tire & Rubber made the decision to decrease production capacity at its Fulda, Germany tire manufacturing facility by around 50%. This move will result in approximately 550 job cuts. The company estimates that the total pre-tax charges associated with this decision will be between $105 million to $115 million. …

Source: Best Stocks

Tire and Rubber Association of Canada

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