Goodyear’s Cooper integration: Almost 500 jobs to go

During the second quarter of 2022, The Goodyear Tire & Rubber Company approved a plan related to the integration of Cooper Tire. This plan aims to streamline the company’s global administrative structure by reducing duplicated positions, and it will also result in the closure of “redundant” Cooper Tire warehouse locations in the Americas. According to Goodyear, the plan will result in “approximately 490 job reductions.”

According to the company, this programme is “in line with previously announced planned synergies, costs to achieve, and cash rationalisation payment estimates.” The affect this will have on Goodyear’s operations in the UK is not yet known – a company spokesperson told Tyrepress.com that Goodyear had “no specifics to announce” for the UK and Ireland.