{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-016853","form_type":"8-K","ticker":"GT","cik":"0000042582","company_name":"GOODYEAR TIRE & RUBBER CO /OH/","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.661365+00:00","generated_at":"2026-06-20T07:28:11.291531+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Goodyear to cut 500 salaried jobs (~5%); EMEA Q4 operating loss ~$80M","bullets":["Approved rationalization plan reducing global salaried staff by ~500 positions (5%) in Q1-Q2 2023.","Pre-tax charges of ~$55M, including ~$39M cash severance; $37M recorded in Q4 2022.","EMEA unit expects Q4 segment operating loss of ~$80M due to weak demand and inflation.","Plan expected to deliver $15M quarterly run-rate benefit from Q2 2023; $5M saved in Q1.","Actions complement Cooper Tire integration synergies and prior Melksham/TrenTyre exits."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-016853","json":"https://secwatch.observer/filing/0001193125-23-016853.json","markdown":"https://secwatch.observer/filing/0001193125-23-016853.md","text":"https://secwatch.observer/filing/0001193125-23-016853.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42582/000119312523016853/0001193125-23-016853-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42582/000119312523016853/d395856d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:28:11.291531+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab3fbd3d55d9add4156fcfbcc2618c480effcc2b","claim":"GOODYEAR TIRE & RUBBER CO /OH/ reported preliminary financial results for fourth quarter of 2022.","evidence_excerpt":"A copy of a News Release issued by The Goodyear Tire & Rubber Company (the “Company”) on Friday, January 27, 2023, describing certain aspects of its results of operations for the fourth quarter of 2022, is attached hereto as Exhibit 99.1.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42582/000119312523016853/0001193125-23-016853-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2022"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"7d1d89fe4be4b6365384a8e4a2cd0a957bb12a08","claim":"GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of approximately $55 million (approximately 5 percent reduction in salaried staff globally, or about 500 positions).","evidence_excerpt":"substantially complete the rationalization plan during the first and second quarters of 2023 and estimates total pre-tax charges associated with this action to be approximately $55 million, of which approximately $39 million are expected to be cash charges primarily for associate-related and other exit costs, with the remainder representing non-cash charges","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/42582/000119312523016853/0001193125-23-016853-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $55 million"},{"label":"Headcount","value":"approximately 5 percent reduction in salaried staff globally, or about 500 positions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}