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Goodyear Tire & Rubber Company

GTConsumer Discretionary· Akron, Ohio, United States
LAYOFFS TRACKED
2
LAST EVENT
Mar 31, 2026
MARKET CAP
$1.80B
as of Aug 26, 2026
EMPLOYEES
62,000

The Goodyear Tire & Rubber Company designs, manufactures, markets, and distributes tires and rubber-related products for passenger vehicles, commercial trucks, aircraft, racecars, and off-the-road equipment. Founded in 1898, Goodyear is one of the largest tire companies globally with a broad OEM and replacement market presence and a network of retail and commercial channels.

Layoff timeline

2 EVENTS
Mar 31, 2026WARN notice
Findlay, OH

Goodyear Tire & Rubber Company announced it will close its tire mold facility in Findlay, Ohio, by the end of March 2026, a move that will eliminate 85 jobs. The closure was publicly reported on Feb. 4, 2026, and the company set the facility shutdown effective by the end of March. The affected operations are part of the company's tire-mold manufacturing operations in Findlay. The announcement frames the action as a planned closure rather than an immediate past layoff, with a specified timeline for the shutdown and job eliminations. No broader industry-wide figures or other company layoffs are attributed to Goodyear in the article.

Reported Aug 6, 2026Date not disclosedNews
Fayetteville, North Carolina, USA

The Goodyear Tire & Rubber Company announced plans to close its Fayetteville, North Carolina manufacturing facility, a decision intended to improve segment operating income for the Americas and help offset inflationary costs. The closure, approved by the United Steelworkers and disclosed in a company SEC filing, is expected to result in about 1,750 layoffs, with leaders aiming to largely complete the closure by the end of 2027. Goodyear said the move reflects a strategy to align manufacturing capacity with target market segments and expects the closure to improve Americas segment operating income by $90 million in 2027 and $270 million thereafter. The announcement followed weaker net sales and tire unit volumes in Q2 2026 and is part of broader efforts to reshape the company's portfolio amid inflation and higher raw material costs.

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