AKRON-General Tire plans to eliminate 100 more job positions in 1994, a move that could save the firm as much as $10 million, according to an industry analyst. The cuts will affect 49 people at the company's Akron headquarters with the remainder in other regions. Most of those affected are in administrative and clerical positions, although a few managers may be included, a company spokesman said.
The job cuts are part of the firm's efforts to reduce costs, he said. In 1993, General laid off 300 workers and now employs about 8,200 worldwide. The subsidiary of Continental A.G. expects a loss of more than $25 million in 1993.
The most recent job cuts could prove to be a real boon for the troubled firm, said Harry Millis, an analyst with Fundamental Research Inc. ``You don't have to take out huge numbers to have a significant impact.''
Cutting a $50,000-a-year job would save between $75,000 and $100,000, once fringe benefits and other compensation are considered, Mr. Millis said. Based on those calculations, a reduction of 100 positions could save General as much as $10 million, or nearly half its projected 1993 losses.