Goodyear Tire & Rubber Company

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.

Goodyear Tire & Rubber Co. eliminated 200 jobs at its Fayetteville, N.C., manufacturing plant through voluntary buyout packages, avoiding involuntary layoffs. The company had announced it needed to eliminate 200 jobs by late November; about 200 workers accepted the buyouts and roughly 135 had been processed out as of the latest report. The buyouts were authorized under a temporary union agreement approved in October that allowed payments of $2,000 per year of service up to $50,000. Prior to the reductions, the plant employed 2,750 hourly and salaried workers, most of them union members, and no further job cuts are anticipated according to the union president.

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.