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Stock impact report

U.S. tire maker Goodyear loses dispute against foreign workers in Malaysia [Reuters]

The Goodyear Tire & Rubber Company (GT) 
Last the goodyear tire & rubber company earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: goodyear.com
Company Research Source: Reuters
U.S. tire maker Goodyear loses dispute against foreign workers in Malaysia By Mei Mei Chu 3 Min Read KUALA LUMPUR, June 10 (Reuters) - Malaysia’s Industrial Court has ruled in favor of over a hundred migrant workers in a labor dispute against American tire manufacturer Goodyear Tire & Rubber Co, court documents showed on Thursday, amid accusations of unpaid wages and employee mistreatment at the firm’s Malaysian factory. Around 250 migrant workers had filed a total of five complaints against Goodyear Malaysia in 2019 and 2020 over non-compliance with a collective labor agreement, and are claiming about 5 million ringgit ($1.21 million) in unpaid wages. The workers allege that Goodyear, one of the world’s largest tire makers, did not give them shift allowances, annual bonuses and pay increases even though these benefits were available to local staff, who are represented by a labour union. Goodyear Malaysia argued that the migrant workers did not have legal standing to file the complai Show less Read more
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