{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-240532","form_type":"8-K","ticker":"GT","cik":"0000042582","company_name":"GOODYEAR TIRE & RUBBER CO /OH/","filed_at":"2023-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.352618+00:00","generated_at":"2026-06-10T09:57:10.402848+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Goodyear approves Asia Pacific rationalization plan with ~700 job cuts, $55-65M charges","bullets":["Plan changes operating model to third-party distribution/retail, impacting 700 positions, 9 warehouses, ~100 stores.","Total pre-tax charges estimated $55-65M, with $40-50M cash for associate and lease exit costs.","Charges: ~$20M in Q3 2023, ~$5M in Q4 2023, remainder in 2024.","Expected improvement in Asia Pacific segment operating income of $50-55M annually starting 2025.","Plan subject to consultation; broader streamlining actions to be shared in Q4 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-240532","json":"https://secwatch.observer/filing/0001193125-23-240532.json","markdown":"https://secwatch.observer/filing/0001193125-23-240532.md","text":"https://secwatch.observer/filing/0001193125-23-240532.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42582/000119312523240532/0001193125-23-240532-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42582/000119312523240532/d559833d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:57:10.402848+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":"11584b29a4797fa3623e3e8ffad4bfda0e2aed03","claim":"GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of between $55 million and $65 million affecting Asia Pacific (approximately 700 positions).","evidence_excerpt":"quarter. 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 $55 million and $65 million, of which $40 million to $50 million are expected to be cash charges primarily for associate-related and lease exit costs, with the remainder primarily","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/42582/000119312523240532/0001193125-23-240532-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between $55 million and $65 million"},{"label":"Affected area","value":"Asia Pacific"},{"label":"Headcount","value":"approximately 700 positions"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}