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Goodyear to buy out bulk staff
Laos News.Net Sunday 21st June, 2009
Goodyear has begun to offer buyout packages to about 550 workers at its plant in Union City, Tennessee.
The US tyre and rubber company has been attempting to reduce costs due to weak demand for replacement tyres.
The Union City plant will also cut back on its operating schedule, getting rid of the five-day, three-shift operation and replacing it with more flexible arrangements, which the company has already negotiated with the main union.
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