Buyouts to be offered at Goodyear plant

August 27, 2013 1:20:59 PM PDT
There could be job cuts on the horizon at one of Fayetteville's largest private employers.

Right now, it's not clear exactly how many workers at the Ramsey Street plant will be affected by the buyout.

Company-wide, Goodyear can offer up to 840 buys to workers at its six protected plants.

Those buyouts would run from $8,000 to $50,000 depending on a worker's years of service.

This provision is part of a new contract union workers overwhelmingly ratified earlier this month by a three to one margin.

Over 2,500 union members work at the Fayetteville plant. They turn out around 34,000 tires a day.

In addition, Goodyear can offer discretionary buyouts to 15 percent of the workforce at each facility.

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