WOLVERHAMPTON, England (Oct. 18)—Goodyear GB Ltd. is cutting more jobs at its Wolverhampton plant in response to falling European demand for passenger tires. An anticipated decline equivalent to 3,000 tires per day will mean a fresh round of layoffs, the company has warned its work force. The facility has a capacity of 10,000 tires a day for passenger and light truck radial combined. At least 500 of the site's 1,300 workers are employed in these activities. "There has been a significant weakening of original equipment demand across Europe and the replacement market is at best flat," according to Production Director Hugh Thompson. "This in turn has resulted in industry overcapacity and as Wolverhampton continues to be a high-cost manufacturing source, inevitably this plant is affected." At the start of the year, Goodyear shed 468 jobs with the cessation of truck tire production at the site.
Goodyear makes more cuts at Wolverhampton
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