Goodyear to cut more than 150 European Union jobs

Newswire

CHICAGO, June 28 (Reuters) - Goodyear Tire & Rubber Co. said on Wednesday it would cut more than 150 jobs in its European Union business to save more than $10 million per year as part of broad restructuring plans set last year. Goodyear said it expects restructuring charges of about $20 million from the European Union cost cuts, which will fall under the selling, administrative and logistic areas. Last September, Goodyear said it planned to cut up to $1 billion of costs over three ...

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