What label best describes this news article?
Goodyear to Cut 340 Jobs, Take Charge  CHICAGO (Reuters) - Goodyear Tire   Rubber Co. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GT.N target=/stocks/quickinfo/fullquote"&gt;GT.N&lt;/A&gt; said  on Friday it will cut 340 jobs in its engineered products and  chemical units as part of its cost-reduction efforts, resulting  in a third-quarter charge. 