{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-158977","form_type":"8-K","ticker":"GT","cik":"0000042582","company_name":"GOODYEAR TIRE & RUBBER CO /OH/","filed_at":"2023-06-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.852130+00:00","generated_at":"2026-06-14T09:53:31.645087+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Goodyear approves 50% capacity cut at Fulda plant; expects $105-115M pre-tax charges","bullets":["Plan reduces production capacity at Fulda, Germany facility by ~50%, affecting ~550 jobs (375 associates, 175 contracted).","Pre-tax charges estimated at $105M-$115M; $95M-$105M cash charges; ~$65M expected in Q2 2023.","Reduces tire SKUs by ~450, with ~200 transferred to other EMEA plants.","Expected to improve EMEA segment operating income by ~$15M in 2024 and ~$30M annually thereafter.","Rationalization expected substantially complete by end of 2024, subject to employee consultation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-158977","json":"https://secwatch.observer/filing/0001193125-23-158977.json","markdown":"https://secwatch.observer/filing/0001193125-23-158977.md","text":"https://secwatch.observer/filing/0001193125-23-158977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42582/000119312523158977/0001193125-23-158977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42582/000119312523158977/d493172d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T09:53:31.645087+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":"a6237293c354b882fad6310c0e1c0345ce328a71","claim":"GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of between $105 million and $115 million affecting Fulda, Germany tire manufacturing facility (EMEA segment) (approximately 550 job reductions at Fulda, consisting of 375 associates and 175 contracted positions).","evidence_excerpt":"The Company expects to substantially complete this rationalization plan by the end of 2024 and estimates total pre-tax charges associated with this action to be between $105 million and $115 million, of which $95 million to $105 million is expected to be cash charges primarily for associate-related and other exit costs, with the remainder representing","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/42582/000119312523158977/0001193125-23-158977-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between $105 million and $115 million"},{"label":"Affected area","value":"Fulda, Germany tire manufacturing facility (EMEA segment)"},{"label":"Headcount","value":"approximately 550 job reductions at Fulda, consisting of 375 associates and 175 contracted positions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}