Goodyear to cut 850 jobs at Danville, Virginia plant

Danville, VA – In a significant blow to the local economy, Goodyear Tire & Rubber Co. has announced plans to cut 850 jobs at its Danville, Virginia plant by the end of the year. The decision, confirmed by city officials, comes as part of the company’s strategy to refocus the plant on mixing and the aviation sector to enhance its competitiveness.

City Manager Ken Larking expressed deep concern over the job cuts, noting Goodyear’s long-standing role as a major employer in the area. “Goodyear has been a significant employer in our community for decades, and we recognize the impact this decision will have on the affected employees, their families, and our local economy,” Larking said in a statement3. The city plans to work closely with state and regional partners to provide displaced employees with resources such as workforce training, job placement assistance, and support services.

The layoffs are expected to affect a substantial portion of the plant’s workforce, which has been a cornerstone of Danville’s industrial base. The plant, known for its tire manufacturing, will see much of its production moved to other facilities as part of the company’s restructuring efforts. This shift is aimed at boosting Goodyear’s overall efficiency and market position in the competitive tire industry.

Local officials and community leaders are mobilizing to address the fallout from the job cuts. Efforts are underway to attract new investment and create opportunities for the displaced workers. “Danville has proven time and again that we are a resilient community,” Larking added. “While this news is difficult, we remain committed to strengthening our local economy and supporting our workforce during this challenging time”.

The announcement has sparked concern among residents and local businesses, many of whom rely on the plant’s economic contributions. The city is organizing informational sessions and resource fairs to help affected employees navigate the transition. These events will provide access to job training programs, resume workshops, and other support services designed to facilitate reemployment.

As the community braces for the impact of the layoffs, there is a collective resolve to overcome the challenges ahead. “We will continue working with Goodyear and our economic development partners to navigate this transition and support those impacted,” Larking emphasized. The coming months will be crucial in determining how effectively Danville can adapt to this significant economic shift and emerge stronger.