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Michelin plans to scrap up to 2,300 jobs over three years, no layoffs

Europe Materials 6 January 2021 12:21 (UTC +04:00)
French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France
Michelin plans to scrap up to 2,300 jobs over three years, no layoffs

French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, Trend reports with reference to Reuters.

“The plan is part of a broad co-construction and social dialogue approach and will rely on negotiating a three-year framework agreement that will not entail any layoffs”, the group said in a statement.

“The plan does not rely on plant closures”, Michelin added.

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