The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
354 jobs Number of planned job losses
Announcement Date
11 June 2003
Employment effect (start)
1 June 2003
Foreseen end date
1 December 2004
Description
Michelin has announced a restructuring plan affecting 350 jobs on two different units: Poitiers and Bourges. 190 dismissals are announced at Poitiers and 164 at Bourges. The measures used for this job reduction are early retirements and tranfers to other units of Michelin. 210 workers will be tranfered (160 at Poitiers unit and 50 at Bourges unit to another unit of Michelin in France, probably Tours).
Sources
11 June 2003: Les Echos
Citation
Eurofound (2003), Michelin, Internal restructuring in France, factsheet number 58933, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58933.
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