Financial expert analyzes Goodyear's closure plans in Fürstenwalde and discusses potential measures to save jobs.

Financial expert analyzes Goodyear's closure plans in Fürstenwalde and discusses potential measures to save jobs.

According to a report by www.sueddeutsche.de, the tire manufacturer Goodyear plans to stop tire production in Fürstenwalde by the end of 2027. This is expected to mean the loss of 750 jobs. Brandenburg's Economics Minister Jörg Steinbach would like to work to preserve jobs, while the Left parliamentary group in the state parliament is calling for the state to establish an industrial foundation to prevent the closure. However, the red-black-green coalition rejects this proposal and sees good chances for the employees to find accommodation elsewhere. Nationalization of the company is also rejected by various parties.

The planned closure of tire production at Goodyear in Fürstenwalde and Fulda is expected to have a significant impact on the labor market and the economy in eastern Brandenburg. The loss of 750 jobs is a great burden for the affected employees and their families. In addition, supplier companies could also be affected, which could lead to further job losses in the region.

Cheap imports from Asia and inflationary pressures are expected to continue to pose challenges for the tire industry. This difficult situation could also impact other companies in the industry and lead them to consider similar steps to Goodyear.

It remains to be seen how the negotiations between the state government, the company and the affected employees will go and what measures will be taken to mitigate the effects of the closure and create new perspectives for the employees.