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Goodyear burning through cash as turnaround plan and debt restructuring continue
๐Ÿ“ˆ Business

Goodyear burning through cash as turnaround plan and debt restructuring continue

Tyre maker Goodyear is continuing a long-running turnaround plan that involves restructuring its business and paying down years of accumulated debt. The company is still burning through cash during the process. The goal is to refinance its debt and return the firm to a stable financial footing.

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