"Prior to making any final decisions and in the spirit of cooperation during these challenging economic times, the company stands ready to immediately begin discussions with the USW on what, if any, actions could be taken to continue consumer tire production at that facility. If, after these good faith discussions, the decision is made to cease most or all passenger and light truck tire production at the plant, the elimination of consumer tire manufacturing could occur on or before June 30, 2009. This action could result in the elimination of approximately 500 hourly and salaried jobs."
The automotive industry's crisis wave has landed in La Vergne, where Bridgestone will lay off almost 10 percent of its work force. The company also leaves the door wide open for more cuts.
Dec 2, 2008 12:05 AM
Music venture wrapping up $30M round, scores of scientists moving to the Row, layoffs at Bridgestone, and more...
Dec 1, 2008 11:15 PM
Home builder passes us over for back-office project, McLean creditors miss out on insurance proceeds, Nissan bails on auto shows, Genesco's Q3 falls short, and more...
Nov 24, 2008 11:02 PM
Scheduled overtime to be reinstated
Nov 21, 2008 12:48 PM