Goodyear to close 92 U.S. stores, cut jobs »
Posted By STONERS 4 months, 3 weeks ago in Business & Finance
Goodyear Tire & Rubber Co said it would close 12 percent, or 92, of its company-owned U.S. stores and cut 600 full- and part-time jobs as the U.S. economic downturn put more pressure on the company.
Read Full Story at news.yahoo.com »
Submitted By:
STONERS
HAPPY NEW YEAR TO EVERYONE...Thought for the day- Handle every stressful situation like a dog, if you can't eat it or hump it ...
Related Articles:
Join the Discussion 
+ Add Comment
Comments So Far: 3
-
100%
STONERS4 months, 3 weeks ago
"In the current economic condition, people are driving less and it obviously affects every facet of the U.S. auto industry, including how often they replace tires or buy new cars," Goodyear spokesman Keith Price said on Tuesday after the announcement."
Reply
"The current economic condition further impacted the stores, but they were not performing well before this year. And we don't expect them to perform well," Price said. Goodyear owns 742 stores in the United States." -
100%
TheRealizer4 months, 2 weeks ago
Domestic manufacturers are having an uphill battle trying to compete with the foreign companies some of whom are subsidised by their governments.........
Reply -
100%
BronxBomber4 months, 2 weeks ago
Sadly, this is the sign of the times, and an all too familar scenario of history repeating itself...
Reply
:o/
Add a Comment
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.