Goodyear to lay off 500 jobs: WSJ
Akron (Ohio)[US], January 28 (ANI): Goodyear Tire and Rubber Company said it will cut about 500 jobs, which is about 5 per cent of its total workforce, in its aim for cost-cutting, the Wall Street Journal.
The company had also warned on Friday that fourth-quarter results fell below expectations as the elevated inflationary environment decapitated demand, according to a statement released on Friday.
In a statement released