Goodyear to Trim 5,000 Jobs This Year
- Webcastr
Previous Page
Next Page
Goodyear to Trim 5,000 Jobs This Year
Goodyear Tire & Rubber Co., the largest U.S. tiremaker, posted a fourth-quarter net loss of $330 million and said it plans to cut almost 5,000 jobs and continue a salary freeze.The loss, its first in almost two years, was $1.37 a share and compares with net income of $52 million, or 23 cents, a year earlier, the Akron, Ohio-based company said today in a statement. Sales fell 20 percent to $4.14 billion.
Webcastr | February 18, 2009
