Layoffs

So ...How is the Free Market and Free Trade Working?

The The Danville Register & Bee just broke this story about Goodyear laying off some 5,000 employees company wide. From a business perpective, after seeing sales plummet 21% in the 4th quarter this is probably a smart move. It does nothing for the hard working men and women who will now find themselves filing for unemployment.

I would expect this will mean approximately 400 more Southside area workers to become unemployed shortly. That figure is based on limited knowledge and recent dealings with United Steel Workers employed by Goodyear.