Goodyear Tire & Rubber Co.
NASDAQ:GT 4:00:00 PM EDT
Layoffs, Earnings Announcements
Goodyear Tire & Rubber Co- Planned Rationalization And Workforce Reorganization Would Result In An Approximately 5% Reduction In Salaried Staff Globally
Published: 01/27/2023 13:13 GMT
Goodyear Tire & Rubber Co. (GT) - Goodyear Tire & Rubber Co- Planned Rationalization and Workforce Reorganization Would Result in an Approximately 5% Reduction in Salaried Staff Globally.
Goodyear Tire & Rubber Co- Expects to Record Pre-tax Charges Associated With Cost Saving Actions of Approximately $55 Million.
Goodyear Tire & Rubber Co - Global Replacement Tire Industry Demand Remained Weak in Q4, Led by a 12% Decline in Emea.
Goodyear Tire & Rubber Co- Expects Its Emea Business Unit to Report a Q4 Segment Operating Loss of Approximately $80 Million.
Goodyear Tire & Rubber Co - Seeks to Drive Efficiencies to Help Offset Inflation in Other Areas Like Wages and Benefits.
Goodyear Tire & Rubber Co- Cost Saving Actions Are in Addition to Cost Synergies Related to Integration of Cooper Tire.
Goodyear Tire & Rubber Co - Rationalization and Reorganization Are Expected to Be Completed During First and Second Quarters.
Goodyear Tire & Rubber Co - Savings in Q1 Are Expected to Be $5 Million.
Goodyear Tire & Rubber Co- Rationalization and Reorganization Are Expected to Be Completed During First and Second Quarters.
Goodyear Tire & Rubber Co - Rationalization and Reorganization Will Result in a Quarterly Run-rate Benefit of Approximately $15 Million Beginning in Q2.
Goodyear Tire & Rubber Co- Expects to Record Pre-tax Charges Associated With Cost Saving Actions of Approximately $55 Million.
Goodyear Tire & Rubber Co - Global Replacement Tire Industry Demand Remained Weak in Q4, Led by a 12% Decline in Emea.
Goodyear Tire & Rubber Co- Expects Its Emea Business Unit to Report a Q4 Segment Operating Loss of Approximately $80 Million.
Goodyear Tire & Rubber Co - Seeks to Drive Efficiencies to Help Offset Inflation in Other Areas Like Wages and Benefits.
Goodyear Tire & Rubber Co- Cost Saving Actions Are in Addition to Cost Synergies Related to Integration of Cooper Tire.
Goodyear Tire & Rubber Co - Rationalization and Reorganization Are Expected to Be Completed During First and Second Quarters.
Goodyear Tire & Rubber Co - Savings in Q1 Are Expected to Be $5 Million.
Goodyear Tire & Rubber Co- Rationalization and Reorganization Are Expected to Be Completed During First and Second Quarters.
Goodyear Tire & Rubber Co - Rationalization and Reorganization Will Result in a Quarterly Run-rate Benefit of Approximately $15 Million Beginning in Q2.
Revenue is expected to be $5.08 Billion
Adjusted EPS is expected to be -$0.18
Next Quarter Revenue Guidance is expected to be $5.41 Billion
Next Quarter EPS Guidance is expected to be $0.30
More details on our Analysts Page.
Adjusted EPS is expected to be -$0.18
Next Quarter Revenue Guidance is expected to be $5.41 Billion
Next Quarter EPS Guidance is expected to be $0.30
More details on our Analysts Page.