Bridgestone America, the U.S. subsidiary of the Bridgestone Group, has announced a significant workforce reduction at its off-road tire manufacturing plant in Bloomington, Illinois.
The decision is due to declining demand in the agricultural and industrial tire segment. According to a Bridgestone spokesperson, the decision was made after a careful analysis of industry dynamics and long-term prospects, which the Japanese company believes reflect a general and prolonged downturn in the off-road segment due to global economic factors and changes in industry investment patterns.
Title: Bridgestone America: air of crisis
Translation with Google
