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Goodyear Tire & Rubber Co., under siege from a takeover threat by British tycoon Sir James Goldsmith, told workers it plans to cut personnel as a part of a restructuring program. In a letter to employees, Robert E. Mercer, chairman and chief executive officer, said, ”By moving first, we hope to emerge with more of the company intact than if we simply leave our fate to a group who might well dismember Goodyear with reckless abandon.”
