Goodyear to close Fayetteville, NC plant, eliminating about 1,750 jobs
SOURCENews reportView the filing ↗
What we know
Location: Fayetteville, North Carolina, USA.
A specific layoff date has not been disclosed.
Based on news reporting.
Summary
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.
Goodyear Tire & Rubber Company cut 1,750 jobs in NC.
That is roughly 2.8% of the 62,000 people Goodyear Tire & Rubber Company employs.
LayoffTalk has tracked 2 layoff events at Goodyear Tire & Rubber Company since March 2026, including 85 jobs documented in official WARN filings, with 1 additional event known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by Goodyear Tire & Rubber Company.
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