Goodyear Shutters Venezuela Plant, Gives Out Tires As Severance | WHAT REALLY HAPPENED


Goodyear Shutters Venezuela Plant, Gives Out Tires As Severance

Venezuela's economic depression has claimed yet another victim, as Goodyear Tire announced it would shutter its Venezuela operations and lay off its entire local workforce, the latest foreign corporation to close shop in the crisis-torn county. On Monday, employees arrived at the company’s lone plant in the industrial city of Valencia to find it closed with a letter posted on the door. “Goodyear Venezuela has been forced to cease operations,” according to a copy seen by Bloomberg.

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