The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
150 jobs Number of planned job losses
Announcement Date
30 June 2006
Employment effect (start)
Foreseen end date
Description
Goodyear Tire & Rubber, one of the world´s leading tire companies, announced restructuring actions in its European Union business unit that are expected to eliminate more than 150 positions. This measure involves cost reduction in selling, administrative and logistic areas by one billion USD within 3 years. The company manufactures tires, rubber products and chemicals in more than 90 facilities in 28 countries around the world and employs about 80,000 people worldwide.
Sources
30 June 2006: Hospodárske noviny
Citation
Eurofound (2006), Goodyear Tire & Rubber, Internal restructuring in European Union, factsheet number 63701, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63701.
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