Goodyear Ending 820 Jobs In France
Stock quotes in this article:
GT
There are three unions representing workers at the plant.
There are no plans to reduce production at a second tire plant in Amiens, employing about 1,000 workers. The end of consumer tire production at the Amiens plant would result in the reduction of approximately 6 million units of production, which is part of Goodyear's strategy to remove 15 million to 25 million units of capacity over the next two years. Goodyear expects a charge of about $55 million recorded in the second quarter of 2009 accounting for expected cash severance payments. Goodyear shares Tuesday closed up 83 cents, or 7.3 percent, at $12.28.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |














