Goodyear plans to appeal against job-cutting plan rejection

French Business Digest - August 31, 2009

US tyre maker Goodyear (NYSE:GT) announced that it may appeal against the court ruling which blocked its new restructuring plan for the site of Amiens Nord, northern France.

The plan, recently suspended by the French court of Nanterre, included 820 job cuts out of a total 1,400 staff.

Trade union CGT had referred the job-trimming decision to the court, which said that the plan was incomplete, particularly regarding the future of the production of agricultural tyres.
In November 2008, the court rejected an earlier restructuring plan by Goodyear, which envisaged 402 job cuts. The group's management had appealed against the ruling and was granted the possibility to present a new plan.

Trade unions are urging the management to open talks on the industrial future of the facility.