Tag: layoffs

Nokian Tyres: Layoffs, dismissals at Finnish plant

5th September 2019 | 0 Comments

Nokian Tyres is responding to what it calls the “weak development of the European car and tyre market” with plans to reduce employee numbers at its Nokia production facility in Finland. It appears Nokian Tyres is looking to lay off approximately 50 workers and additionally dismiss an unspecified number on a temporary basis.

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Layoffs at Cooper Tire in North America

11th December 2017 | 0 Comments

Cooper Tire & Rubber reports that it has laid off around 80 salaried employees in North America. Approximately 60 of these were located at the company’s Findlay site, and the remainder in Texarkana and Tupelo. According to a statement issued by the tyre maker, these job losses come as part of a reorganisation of certain departments within the company in order to “best position” it for “long-term profitable growth.”

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Layoffs at Yokohama tyre plant in the USA

24th October 2016 | 0 Comments

Local news sources report that Yokohama Tire Manufacturing Virginia (YTMV) will lay off 50 workers from its Salem facility over the next few weeks. According to WDBJ7, the Salem plant manager confirmed the layoffs last Friday, and the tyre maker wrote in a statement that that “the positions are being phased out to more effectively streamline YTMV's current production schedule and inventory capacity.”

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Titan International announces temporary layoffs

17th December 2015 | 0 Comments

Citing “weak market conditions that are not expected to improve during 2016,” Titan International has given word of layoffs that will take place at its Bryan plant in the US state of Ohio. The layoffs will begin on 8 February 2016 and affect at least 130 employees. The tyre maker anticipates these layoffs will be temporary and last a minimum of six months, however some may become permanent should market conditions fail improve.

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Nokian Tyres laying off 122 in Finland

28th September 2015 | 0 Comments

The statutory negotiations regarding Nokian Tyres’ passenger car tyre factory in Finland ended today, and the tyre maker reports that 122 people will lose their jobs. Adjustments will also be made to production capacity.

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Nokian Tyres to lower production, lay off workers in Finland

Nokian Tyres to lower production, lay off workers in Finland

7th August 2015 | 0 Comments

The the economic situation in Russia and the CIS countries has led to a downgrade in Nokian Tyres’ 2015 outlook. The Finnish tyre maker says sales of passenger car tyres have continued to decline in this region, and those tyres being purchased within the Russian market are increasingly lower B or C segment brand products. The company’s own sales in Russia were down 39.1 per cent year-on-year during the first half of 2015.

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Layoffs at US Yokohama Tire plant

9th January 2015 | 0 Comments

The indefinite layoff of 31 workers at Yokohama Tire’s Salem passenger car and light truck tyre factory in the US has been announced. In a statement, Yokohama Tire Manufacturing Virginia, LLC, president Tetsuro ‘Tex’ Murakami, explains that the cuts are being made to “more effectively streamline” the facility’s current production schedule and inventory capacity.

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Bridgestone laying off workers as agri tyre demand falls

7th January 2015 | 0 Comments

According to news reports in the US, Bridgestone intends to lay off almost 70 people from its agricultural tyre factory in Des Moines, Iowa. Whotv.com writes that the 69 layoffs will be voluntary and are planned to counter declining industry-wide demand for agricultural tyres. Bridgestone will re-evaluate the layoffs at the end of the first quarter of 2015.

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Michelin buffs away loss-making Laurent pre-cure business in Germany

Michelin buffs away loss-making Laurent pre-cure business in Germany

28th October 2014 | 0 Comments

Weak demand and aggressive competition has led to seven-figure losses at the Laurent Reifen retreading plant in Germany, and in response the Michelin-owned company has decided to close its pre-cure retreading operations and lay off almost a quarter of its workforce. But it is questionable whether this measure will suffice to halt the flow of red ink required to write the firm’s balance sheet in recent years; apparently the complete closure of the Laurent Reifen site near Berlin has already been internally discussed.

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Nokian to ‘adjust’ output at Finnish plant

17th September 2014 | 0 Comments

Nokian Tyres intends to implement a series of measures at its passenger car tyre factory in Nokia, Finland to “adjust the production to meet the market situation.” It will begin statutory negotiations with this goal in mind on 25 September. Nokian says its negotiating aim is to adjust how production capacity is utilised and to create cost savings.

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Titan to reduce employee headcount following disappointing Q1 performance

25th April 2014 | 0 Comments

First quarter 2014 financials for Titan International are out, and Maurice Taylor says the company’s performance during the opening three months of the fiscal year fell short of expectations, mainly due to a “nonexistent” mining business, declines in the original equipment and aftermarket agricultural segments, and higher fuel costs. Titan now intends to instigate a series of optimisation measures at its global facilities.

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PCR production drop planned for Goodyear Dunlop’s Wittlich plant

PCR production drop planned for Goodyear Dunlop’s Wittlich plant

4th December 2013 | 0 Comments

Passenger car tyre production at Goodyear Dunlop’s Wittlich plant in Germany will decrease by at least 30 per cent next year. In local media source volksfreund.de, Wittlich works council chairman Joachim Weberskirch confirms rumours that PCR production “will be reduced from round 4,000 a day to 2,500 to 2,800 a day next year.” Weberskirch says this lowering of production is a response to declining sales of passenger car tyres throughout Europe.

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BFGoodrich plant layoffs announced

2nd October 2013 | 0 Comments

Just over a month after the ratification of a new three-year contract covering workers at BFGoodrich’s Tuscaloosa tyre factory in the US, a statement issued by parent company Michelin North America has outlined a number of layoffs that will take place at the plant.

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Layoffs coming at Goodyear’s Danville plant

23rd January 2013 | 0 Comments

Due to weakened demand for truck tyres in North America, Goodyear Tire & Rubber is laying off 41 workers at its Danville, Virginia truck and aircraft tyre factory. Local newspaper the Danville Register & Bee writes that the layoffs will take effect on 4 February. In an article published 21 January, it quoted Goodyear communications manager Laura Singleton as saying hourly workers throughout the plant will be affected, with selections based on seniority; employees most recently hired will be laid off first.

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Goodyear avoids Fayetteville layoffs, achieving cuts with buyouts

17th January 2013 | 0 Comments

The Goodyear Tyre & Rubber Co.’s Fayetteville, North Carolina plant has successfully filled the nearly 200 buyouts required to avoid layoffs. The company had announced the need to cut 200 jobs in Autumn 2012, offering staff the option to take buyout packages. Local news sources estimated around 135 employees’ buyouts had been completed on 16 January, with the staff leaving their jobs in phases.

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