AKRON (Jan. 21, 2005) — A Goodyear spokesman said the Akron-based tire maker has not made any decisions to restructure its North American operations, responding to questions following a Wall Street Journal report.
The news report cites restructuring options, which include closing plants, shifting work overseas or shedding employees, that Goodyear may look at to further its turnaround. The newspaper said company officials had not made any decisions about those possibilities.
“A part of the planning process is we look at all the options that are out there to try to…see what sort of actions and decisions we need to make as we go forward,” the Goodyear spokesman told Tire Business, adding the discussion is one that nearly all companies entertain.
He reiterated that Goodyear has not made any decisions on these topics, and indeed the tire maker's contract with the United Steelworkers of America is in effect until July 2006.