PETALING JAYA: Goodyear has been working closely with the government to help the 550 employees at its Shah Alam manufacturing plant find new jobs, says the Malaysian Investment Development Authority .
Mida said Goodyear has been operating at a loss since 2017, prompting a transition from manufacturing to a distributor business model. Meanwhile, Selangor menteri besar Amirudin Shari said Goodyear’s restructuring of global operations since last year had forced it to close a number of factories.Amirudin said the company shut down a factory in Ohio in the US and axed 1,200 workers across Eastern Europe, Africa and Asia in 2023.