Goodyear quits Venezuela, gives each worker 10 tyres as severance

Saloni Goel Posted into Buzz 15 views
December 12, 2018
Goodyear quits Venezuela, gives each worker 10 tyres as severance
American tyre manufacturing company Goodyear has said it is halting operations in Venezuela and laying off its local workforce because of dire economic conditions and US sanctions. As part of severance payments, the company is giving each worker 10 tyres, which are hugely valuable amid chronic shortages. The South American nation is in the midst of its worst-ever economic crisis.
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Goodyear quits Venezuela, gives each worker 10 tyres as severance
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