---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-135902"
form_type: "8-K"
ticker: "GT"
cik: "0000042582"
company_name: "GOODYEAR TIRE & RUBBER CO /OH/"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:10:15.370576+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Goodyear to close Kariega, South Africa plant; ~900 jobs cut, $100-110M charges

## Summary
- Approves closing Kariega manufacturing facility in EMEA unit; ~900 job reductions including associates and contracted positions.
- Total charges $100M-$110M; cash portion $45M-$55M for associate-related and exit costs; non-cash portion for accelerated depreciation and asset-related.
- Expects ~$40M charges in Q2 2025 and ~$60M during remainder of 2025; substantially complete by end of 2025.
- Plan expected to improve EMEA segment operating income by ~$10M in 2026 and annually thereafter.
- Proposed rationalization remains subject to consultation with employee representative bodies.

## SEC filing metadata
- accession: 0001193125-25-135902
- form_type: 8-K
- ticker: GT
- cik: 0000042582
- company_name: GOODYEAR TIRE & RUBBER CO /OH/
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42582/000119312525135902/0001193125-25-135902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42582/000119312525135902/d54903d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-135902
- JSON: https://secwatch.observer/filing/0001193125-25-135902.json
- Plain text: https://secwatch.observer/filing/0001193125-25-135902.txt

## Key facts
- Restructurings & Charges
  GOODYEAR TIRE & RUBBER CO /OH/ announced a restructuring with charges of between $100 million and $110 million affecting Europe, Middle East and Africa (“EMEA”) business unit (approximately 900 job reductions).
  - Type: restructuring
  - Charge: between $100 million and $110 million
  - Affected area: Europe, Middle East and Africa (“EMEA”) business unit
  - Headcount: approximately 900 job reductions
  source text: On June 2, 2025, The Goodyear Tire & Rubber Company (the “Company”) approved a proposed plan to close our manufacturing facility in Kariega, South Africa in the Europe, Middle East and Africa (“EMEA”) business unit. The proposed plan includes approximately 900 job reductions, including associates and contracted positions, and is expected to be substantially complete by the end of 2025. The total charges associated with this action are expected to be between $100 million and $110 million, of which $45 million to $55 million are expected to be cash charges primarily for associate-related and other exit costs and the remaining costs are expected to be non-cash charges primarily for accelerated depreciation and other asset-related charges.
  evidence_url: https://www.sec.gov/Archives/edgar/data/42582/000119312525135902/0001193125-25-135902-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.