Coronavirus Update: Our team is here to help our clients and readers navigate these difficult times. Visit our Resources page now »

Skip to Main Content

At a Glance

Uppers

Good pay & benefits

Factories located in areas with lower cost of living

Job security

Downers

Long hours

Rigid corporate structure

Difficult to stand out in a company with 72,000 employees

The Bottom Line

With 72,000 employees working at 56 plants in 22 countries, opinions about life at Goodyear run the gamut. But the company's reputation and salaries ensure that it will continue to attract high quality candidates.

About The Goodyear Tire & Rubber Company

Goodyear Tire & Rubber sells tires under the Goodyear, Dunlop, Kelly, Fulda, Debica, and Sava brand names. The company manufactures and sells its tires across the Americas, Europe, Middle East & Africa (EMEA), and the Asia Pacific region, including Australia and New Zealand. Goodyear also makes and markets rubber-related chemicals for various applications. It operates approximately 1,000 tire and auto service centers where it offers its products for retail sale and provides automotive repair and other services. Goodyear has marketing operations in almost every country in the world, although the US generates about 45% of its revenue.

Operations

Goodyear operates across three main geographic segments: the Americas; EMEA; and Asia Pacific. The Americas accounts for about 55% of sales and operates six manufacturing plants in the US, two in Canada, and five Latin American plants in Brazil, Chile, Colombia, Peru, and Mexico. This segment provides commercial truck tires, retreads for trucks, aircraft, and off-road vehicles, and chemical and natural rubber products. It offers online installation services, fleet tire maintenance, and mechanical services. Goodyear also provides automotive repair and maintenance items, equipment, and accessories through approximately 570 locations that operate under the Goodyear and Just Tires banners.

The EMEA segment (more than 30% of sales) operates 13 tire plants in France, Germany, Luxembourg, Poland, Slovenia, South Africa, and Turkey. The EMEA segment sells aviation tires and retreads, provides retreading and related services for truck and off-the-road (OTR) tires, and offers automotive repair services at company-owned retail outlets. Besides serving the region's auto, truck, and farm and construction equipment manufacturers, its plants export tires to North America and other regions.

The Asia Pacific segment (about 15% of sales) makes tires via seven plants in China, India, Indonesia, Japan, Malaysia, and Thailand. It sells tires under the Goodyear brand throughout the region, as well as the Dunlop brand in Australia and New Zealand. This segment has around 200 retail outlets in Australia that operate under the Beaurepaires brand.

Geographic Reach

Akron, Ohio-based Goodyear boasts more than 45 manufacturing facilities across 20-plus countries, as well as around 1,000 tire and auto repair centers. The US and Germany are its largest markets; the US generates about 45% of sales and Germany more than 5%. Other international countries collectively make up the remaining 50% of sales.

Sales and Marketing

In the Americas, Goodyear sells tires under the Goodyear, Dunlop, and Kelly brand names through several channels. Wholesale sales are handled through TireHub, its sole national wholesale tire distributor in the US, and a network of regional wholesale distributors. Retail sales are through independent dealers, national and regional retailers, and company-owned stores in the US.

Goodyear and Dunlop brand tires are sold for replacement in EMEA mainly through independent multi-brand tire dealers. In some areas, other brands such as Debica, Sava and Fulda are distributed through independent dealers, regional distributors and retail outlets. In Asia Pacific, tires are sold through licensed and franchised retail stores and multi-brand retailers.

Advertising costs were $353 million, $345 million and $320 million in 2019, 2018 and 2017, respectively.

Financial Performance

Goodyear's revenue has been fluctuating for the last five years. It has an overall decline of 10%. The same can also be said about its net income.

Revenue in 2019 dipped to $14.7 billion, a 5% decrease from $15.5 billion in 2018. It declined primarily due to unfavorable foreign currency translation, primarily in EMEA, lower volume, primarily in EMEA, and lower sales in other tire-related businesses, primarily due to a decrease in third-party sales of chemical products in Americas, partially offset by improvements in price and product mix, primarily in EMEA and Americas.

After almost doubling its net income in 2018 to $693 million, the company suffered a net loss of $311 million in 2019.

Cash at the end of fiscal 2019 was $974 million, an increase of $101 million from the prior year. Cash from operations contributed $1.2 billion to the coffers, while investing activities used $800 million, mainly for capital expenditures. Financing activities used another $307 million for long term debts.

Strategy

Goodyear is coming up with innovative ways to sell and distribute its products. The company in 2018 formed a 50/50 joint venture with Bridgestone called TireHub, a new national wholesale tire distributor in the US.

The company a planned to modernize two of its tire manufacturing facilities in Germany. The plan is in furtherance of its strategy to strengthen the competitiveness of its manufacturing footprint and increase production of premium, large-rim diameter consumer tires. The plan will result in approximately 1,100 job reductions as a result of changes to the layout of the plants, efficiency gains from new equipment and a reduction in the production of tires for declining, less profitable market segments.

Mergers and Acquisitions

In late 2019, The Goodyear Tire & Rubber Company announced that it is expanding its company-owned presence in the Midwest by purchasing Indiana-based Raben Tire Company. The purchase advances Goodyear's Connected Business Model and enables Goodyear's ability to win and grow in the rapidly changing tire business by making it easier for consumers and fleets to buy and recommend Goodyear tires.

The Goodyear Tire & Rubber Company

200 E Innovation Way
Akron, OH 44316-0001
Phone: 1 (330) 796-2121

Firm Stats

Employer Type: Publicly Owned
Stock Symbol: GT
Stock Exchange: , NASDAQ
Chairman, President, and CEO: Richard J. Kramer
EVP and CFO: Laura K. Thompson
SVP, Global Operations and Technology: Joseph Zekoski
Employees (This Location): 3,000
Employees (All Locations): 63,000

Major Office Locations

Akron, OH

Other Locations

Anchorage, AK
Fairbanks, AK
Alexander City, AL
Birmingham, AL
Foley, AL
Gadsden, AL
Huntsville, AL
Lanett, AL
Mobile, AL
Montgomery, AL
Spanish Fort, AL
Tuscaloosa, AL
Vestavia Hills, AL
Benton, AR
Blytheville, AR
Fort Smith, AR
Hope, AR
Little Rock, AR
Pine Bluff, AR
Russellville, AR
Springdale, AR
Van Buren, AR
West Memphis, AR
Casa Grande, AZ
Glendale, AZ
Goodyear, AZ
Kingman, AZ
Litchfield Park, AZ
Mesa, AZ
Phoenix, AZ
Sierra Vista, AZ
Tucson, AZ
Winslow, AZ
Arcadia, CA
Azusa, CA
Bellflower, CA
Berkeley, CA
Buena Park, CA
Capitola, CA
Carson, CA
Cerritos, CA
Chino, CA
Citrus Heights, CA
City Of Industry, CA
Corona, CA
Costa Mesa, CA
Culver City, CA
Cupertino, CA
Daly City, CA
Diamond Bar, CA
Elk Grove, CA
Fontana, CA
Fresno, CA
Gardena, CA
Garden Grove, CA
Hayward, CA
La Canada, CA
La Crescenta, CA
Laguna Beach, CA
Los Angeles, CA
Los Gatos, CA
Maywood, CA
Merced, CA
Montclair, CA
Monterey Park, CA
Moreno Valley, CA
Norco, CA
North Hollywood, CA
Oak Hills, CA
Oceanside, CA
Ontario, CA
Orange, CA
Panorama City, CA
Pasadena, CA
Perris, CA
Rancho Cucamonga, CA
Redding, CA
Redlands, CA
Reseda, CA
Rocklin, CA
Sacramento, CA
San Fernando, CA
San Jose, CA
San Leandro, CA
Santa Ana, CA
Sherman Oaks, CA
Shingle Springs, CA
Simi Valley, CA
Stockton, CA
Sylmar, CA
Thousand Oaks, CA
Torrance, CA
Tustin, CA
Vernon, CA
Victorville, CA
Visalia, CA
Walnut, CA
Walnut Creek, CA
West Sacramento, CA
Yorba Linda, CA
Arvada, CO
Aurora, CO
Broomfield, CO
Centennial, CO
Colorado Springs, CO
Commerce City, CO
Denver, CO
Evergreen, CO
Golden, CO
Greeley, CO
Lakewood, CO
Littleton, CO
Northglenn, CO
Danbury, CT
Hartford, CT
Milford, CT
New London, CT
Norwich, CT
Vernon Rockville, CT
Wallingford, CT
Waterbury, CT
West Hartford, CT
Wethersfield, CT
Washington, DC
Claymont, DE
Newark, DE
New Castle, DE
Wilmington, DE
Bartow, FL
Brooksville, FL
Cape Coral, FL
Clearwater, FL
Coral Gables, FL
Davie, FL
Daytona Beach, FL
Destin, FL
Fort Lauderdale, FL
Fort Pierce, FL
Gainesville, FL
Greenacres, FL
Haines City, FL
Hialeah, FL
Hollywood, FL
Jacksonville, FL
Jupiter, FL
Lady Lake, FL
Lake Worth, FL
Lauderhill, FL
Melbourne, FL
Miami, FL
Naples, FL
North Miami, FL
North Miami Beach, FL
North Palm Beach, FL
Ocala, FL
Opa Locka, FL
Orange Park, FL
Orlando, FL
Panama City, FL
Pembroke Pines, FL
Pompano Beach, FL
Port Saint Lucie, FL
Punta Gorda, FL
Royal Palm Beach, FL
Sarasota, FL
Spring Hill, FL
Stuart, FL
Sunrise, FL
Tampa, FL
Tarpon Springs, FL
Vero Beach, FL
West Palm Beach, FL
Winter Haven, FL
Winter Springs, FL
Albany, GA
Atlanta, GA
Augusta, GA
Bremen, GA
Brunswick, GA
Canton, GA
Carrollton, GA
Columbus, GA
Conley, GA
Conyers, GA
Cumming, GA
Dalton, GA
Decatur, GA
Doraville, GA
Garden City, GA
Jackson, GA
Lawrenceville, GA
Macon, GA
Martinez, GA
Morrow, GA
Newnan, GA
Port Wentworth, GA
Rome, GA
Roswell, GA
Savannah, GA
Social Circle, GA
Stockbridge, GA
Sugar Hill, GA
Temple, GA
Tucker, GA
Valdosta, GA
Hilo, HI
Honolulu, HI
Kahului, HI
Kailua, HI
Kaneohe, HI
Mililani, HI
Waianae, HI
Waipahu, HI
Asbury, IA
Bettendorf, IA
Cedar Rapids, IA
Keokuk, IA
Urbandale, IA
Walcott, IA
Waterloo, IA
Caldwell, ID
Arlington Heights, IL
Aurora, IL
Berwyn, IL
Bloomingdale, IL
Bradley, IL
Chicago, IL
Deerfield, IL
Downers Grove, IL
East Peoria, IL
Effingham, IL
Elk Grove Village, IL
Elmhurst, IL
Franklin Park, IL
Hanover Park, IL
Hawthorn Woods, IL
Joliet, IL
Lansing, IL
Moline, IL
Morton Grove, IL
Mount Prospect, IL
Norridge, IL
Oak Lawn, IL
Peoria, IL
Plainfield, IL
Rockford, IL
South Beloit, IL
South Holland, IL
Springfield, IL
University Park, IL
Westmont, IL
Elkhart, IN
Evansville, IN
Fort Wayne, IN
Gary, IN
Haubstadt, IN
Indianapolis, IN
New Haven, IN
Portage, IN
Shelbyville, IN
Whiteland, IN
Kansas City, KS
Lenexa, KS
Shawnee Mission, KS
Topeka, KS
Frankfort, KY
Georgetown, KY
Glendale, KY
Lexington, KY
Louisville, KY
Oak Grove, KY
Richmond, KY
Shelbyville, KY
Baton Rouge, LA
Covington, LA
Greenwood, LA
Harahan, LA
Houma, LA
Lafayette, LA
Metairie, LA
New Orleans, LA
Slidell, LA
Sulphur, LA
Thibodaux, LA
Boston, MA
Braintree, MA
Franklin, MA
Lowell, MA
Lynn, MA
Malden, MA
Marlborough, MA
North Dartmouth, MA
Oxford, MA
Pittsfield, MA
Somerville, MA
Stoughton, MA
Webster, MA
Worcester, MA
Abingdon, MD
Annapolis, MD
Baltimore, MD
Bladensburg, MD
Capitol Heights, MD
Columbia, MD
Ellicott City, MD
Forestville, MD
Glen Burnie, MD
New Carrollton, MD
Oxon Hill, MD
Reisterstown, MD
Rockville, MD
Suitland, MD
Westminster, MD
Scarborough, ME
Westbrook, ME
Ann Arbor, MI
Belleville, MI
Dearborn, MI
Detroit, MI
Fort Gratiot, MI
Howell, MI
Kalamazoo, MI
Lansing, MI
Lapeer, MI
Livonia, MI
Madison Heights, MI
Pontiac, MI
Portage, MI
Royal Oak, MI
Saint Joseph, MI
Southfield, MI
Warren, MI
Wayland, MI
Anoka, MN
Eagan, MN
Minneapolis, MN
Rochester, MN
Saint Paul, MN
Savage, MN
Shakopee, MN
Wayzata, MN
Winona, MN
Boonville, MO
Joplin, MO
Kansas City, MO
Kearney, MO
Matthews, MO
O Fallon, MO
Springfield, MO
Biloxi, MS
Cleveland, MS
Gulfport, MS
Jackson, MS
Laurel, MS
Meridian, MS
Natchez, MS
Ocean Springs, MS
Pearl, MS
Tupelo, MS
Billings, MT
Asheville, NC
Candler, NC
Cary, NC
Charlotte, NC
Clayton, NC
Concord, NC
Cornelius, NC
Durham, NC
Fayetteville, NC
Garner, NC
Greensboro, NC
Holly Springs, NC
Indian Trail, NC
Kenly, NC
Lumberton, NC
Mebane, NC
Raleigh, NC
Roanoke Rapids, NC
Salisbury, NC
Statesville, NC
Wake Forest, NC
Waxhaw, NC
Waynesville, NC
Winston Salem, NC
Fargo, ND
Lincoln, NE
Norfolk, NE
Concord, NH
Nashua, NH
Blackwood, NJ
Brick, NJ
Butler, NJ
Cherry Hill, NJ
Clark, NJ
Eatontown, NJ
Edison, NJ
Englewood, NJ
Flemington, NJ
Moorestown, NJ
Mount Holly, NJ
Parsippany, NJ
Pleasantville, NJ
Somerset, NJ
Union, NJ
Willingboro, NJ
Woodbury, NJ
Albuquerque, NM
Gallup, NM
Henderson, NV
Albany, NY
Amherst, NY
Auburn, NY
Baldwinsville, NY
Buffalo, NY
Castleton On Hudson, NY
Cicero, NY
Commack, NY
Coram, NY
Corning, NY
East Aurora, NY
Elmira, NY
Endicott, NY
Freeport, NY
Hamburg, NY
Hempstead, NY
Ithaca, NY
Jericho, NY
Kenmore, NY
Latham, NY
Lawrence, NY
Levittown, NY
Liverpool, NY
Lockport, NY
Niagara Falls, NY
Oswego, NY
Patchogue, NY
Port Jeff Sta, NY
Poughkeepsie, NY
Rochester, NY
Rome, NY
Schenectady, NY
Syracuse, NY
Tonawanda, NY
Watertown, NY
Webster, NY
West Seneca, NY
Akron, OH
Austinburg, OH
Austintown, OH
Beaverdam, OH
Brunswick, OH
Canton, OH
Cincinnati, OH
Cleveland, OH
Columbus, OH
Cuyahoga Falls, OH
Dayton, OH
Delaware, OH
Fairlawn, OH
Franklin, OH
Grove City, OH
Lima, OH
Lockbourne, OH
Milford, OH
Mogadore, OH
Ontario, OH
Powell, OH
Stow, OH
Strongsville, OH
Sunbury, OH
Toledo, OH
Wadsworth, OH
Walton Hills, OH
Westerville, OH
Youngstown, OH
Broken Arrow, OK
Edmond, OK
Lawton, OK
Oklahoma City, OK
Tulsa, OK
Eugene, OR
Lake Oswego, OR
Portland, OR
Wood Village, OR
Allentown, PA
Bridgeville, PA
Chester, PA
Clifton Heights, PA
Colmar, PA
Cranberry Township, PA
Doylestown, PA
Exton, PA
Fairless Hills, PA
Greensburg, PA
Harrisburg, PA
Havertown, PA
Hummelstown, PA
Irwin, PA
Langhorne, PA
Levittown, PA
Media, PA
Monroeville, PA
New Castle, PA
Norristown, PA
Philadelphia, PA
Pittsburgh, PA
Thorndale, PA
Upper Darby, PA
West Mifflin, PA
Wilkes Barre, PA
York, PA
Woonsocket, RI
Anderson, SC
Bennettsville, SC
Bowman, SC
Columbia, SC
Dillon, SC
Easley, SC
Greenville, SC
Greer, SC
Mauldin, SC
Piedmont, SC
Rock Hill, SC
Spartanburg, SC
Chattanooga, TN
Clarksville, TN
Cleveland, TN
Dandridge, TN
Hixson, TN
Jackson, TN
Knoxville, TN
Lebanon, TN
Lenoir City, TN
Memphis, TN
Millington, TN
Nashville, TN
Union City, TN
Abilene, TX
Allen, TX
Amarillo, TX
Anthony, TX
Austin, TX
Baytown, TX
Beaumont, TX
Brownsville, TX
Bryan, TX
Carrollton, TX
College Station, TX
Converse, TX
Coppell, TX
Corpus Christi, TX
Cypress, TX
Dallas, TX
Del Rio, TX
Denton, TX
Elm Mott, TX
El Paso, TX
Fort Worth, TX
Frisco, TX
Garland, TX
Houston, TX
Huntsville, TX
Katy, TX
Keller, TX
Kyle, TX
Laredo, TX
League City, TX
Longview, TX
Magnolia, TX
Mcallen, TX
Midland, TX
New Braunfels, TX
Odessa, TX
Pasadena, TX
Pearland, TX
Plano, TX
Robinson, TX
Rockwall, TX
Rosenberg, TX
San Angelo, TX
San Antonio, TX
San Marcos, TX
Shavano Park, TX
Sulphur Springs, TX
Temple, TX
Tyler, TX
Waco, TX
Weslaco, TX
Salt Lake City, UT
Alexandria, VA
Arlington, VA
Baileys Crossroads, VA
Burke, VA
Colonial Heights, VA
Danville, VA
Fairfax, VA
Forest, VA
Fredericksburg, VA
Glen Allen, VA
Martinsville, VA
Midlothian, VA
North Chesterfield, VA
Richmond, VA
South Boston, VA
Vienna, VA
Williamsburg, VA
Wise, VA
Bellevue, WA
Everett, WA
Longview, WA
Lynnwood, WA
Redmond, WA
Renton, WA
Silverdale, WA
Spokane Valley, WA
Tukwila, WA
Vancouver, WA
Brookfield, WI
Butler, WI
Deforest, WI
Fond Du Lac, WI
Green Bay, WI
La Crosse, WI
Madison, WI
Milwaukee, WI
Oak Creek, WI
Onalaska, WI
Readstown, WI
Huntington, WV
Morgantown, WV
Parkersburg, WV
Casper, WY
Gillette, WY
Beijing, China
Ahmedabad, India
Aurangabad, India
Bengaluru, India
Bhopal, India
Bhubaneswar, India
Chandigarh, India
Chennai, India
Erankulam, India
Ernakulam, India
Faridabad, India
Gurgaon, India
Indore, India
Jaipur, India
Jalandhar, India
Kanpur, India
Kolkata, India
Lucknow, India
Meerut, India
Mumbai, India
New Delhi, India
Noida, India
Patna, India
Pune, India
Vijayawada, India
Visakhapatnam, India
Aizuwakamatsu, Japan
Akita, Japan
Fukuoka, Japan
Hiroshima, Japan
Matsumoto, Japan
Mito, Japan
Nagano, Japan
Nagoya, Japan
Nonoichi, Japan
Odate, Japan
Ofunato, Japan
Osaka, Japan
Otawara, Japan
Sapporo, Japan
Sendai, Japan
Shiwa-Gun, Japan
Tsuchiura, Japan
Abreu De Lima, Brazil
Americana, Brazil
Belo Horizonte, Brazil
Cuiaba, Brazil
Curitiba, Brazil
Diadema, Brazil
Porto Alegre, Brazil
Sao Paulo, Brazil
Ajax, Canada
Beloeil, Canada
Brampton, Canada
Chicoutimi, Canada
Edmonton, Canada
London, Canada
Medicine Hat, Canada
Napanee, Canada
North Bay, Canada
Pickering, Canada
Québec, Canada
Salaberry-De-Valleyfield, Canada
St. Albert, Canada
Waterloo, Canada
Vaux-Sur-Sure, Belgium
Claremont, Australia
Dandenong, Australia
Glen Innes, Australia
Stuart Park, Australia
Wangaratta, Australia
Guatemala City, Guatemala