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Realistbear

Goodyear Dunlop To Close Factory In Uk

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http://news.bbc.co.uk/1/hi/england/wear/4878656.stm

585 jobs are lost at tyre factory

Tyre maker Goodyear Dunlop has announced it is ending production at its Wearside factory with the loss of 585 jobs.
The company said it could no longer compete effectively with competitors in Eastern Europe and the Far East.

Tick tock Tick tock.....................................................

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A further 39 jobs at the company's Wolverhampton plant, which supplies parts to Washington, may also be lost.

The company employs more than 2,500 people in the UK.

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http://news.bbc.co.uk/1/hi/england/wear/4878656.stm

585 jobs are lost at tyre factory

Tyre maker Goodyear Dunlop has announced it is ending production at its Wearside factory with the loss of 585 jobs.
The company said it could no longer compete effectively with competitors in Eastern Europe and the Far East.

Tick tock Tick tock.....................................................

If you take the 585 jobs and add up all the families, local suppliers, local shops then the actual job losses are a lot higher. How many proper jobs is the UK creating to replace these ones (apart from supermarkets)?

............... bang!

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http://news.bbc.co.uk/1/hi/england/wear/4878656.stm

585 jobs are lost at tyre factory

Tyre maker Goodyear Dunlop has announced it is ending production at its Wearside factory with the loss of 585 jobs.
The company said it could no longer compete effectively with competitors in Eastern Europe and the Far East.

Tick tock Tick tock.....................................................

Tyre company hits the skids.....The numbers probably overinflated....some will get early retyrement

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:P

The circular argument for slashing jobs won't gain much traction with inflated targets about to burst causing management to leave skid marks in their unmentionables as a sign of their mis-alignment with more balanced views.

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Wonder if there will be voluntary reTYREment? :rolleyes:

Perhaps--if they can get a toe in the door. On the other hand they might just end up treading water. In the Tyre industry someone has to keep a steady hand on the wheel and watch out for overinflated expectations. It has been a good year so far but the general positions remains a little rubbery.

Edited by Realistbear

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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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