What does the Goodyear company do?
Tires and Service. For more than 125 years, Goodyear has developed the tires, technologies and solutions to give people the confidence to go further and faster. It’s Goodyear’s spirit of innovation that keeps vehicles on roads of every surface, around racetracks, in the air and even on the moon. Mark Stewart. Mark Stewart is Chief Executive Officer and President of The Goodyear Tire & Rubber Company, joining the company and its Board of Directors in January 2024.The Goodyear Tire & Rubber Company is an American multinational tire manufacturer headquartered in Akron, Ohio.Gemspring Capital Management has agreed to acquire Goodyear Chemical, the polymer chemicals division of publicly traded Goodyear Tire & Rubber Company, for $650 million in cash.Mark Stewart. Mark Stewart is Chief Executive Officer and President of The Goodyear Tire & Rubber Company, joining the company and its Board of Directors in January 2024.For a long time, Dunlop’s presence in Europe, North America, and Oceania was managed by Goodyear. But that changed recently. As of May 7, 2025, Goodyear officially sold its rights to the Dunlop brand in those regions—including associated intellectual property and tyre inventory—to Sumitomo Rubber Industries (SRI).
Is Goodyear laying off employees?
Goodyear announced 1,800 new layoffs in 2025 Goodyear also approved a plan in the second quarter to close a manufacturing facility in Kariega, South Africa, which includes the planned elimination of 900 employed and contracted positions, according to the SEC filing. Goodyear announced 1,800 new layoffs in 2025 Approximately 2,700 associates remain to be released under all ongoing rationalization plans, the filing said.