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
2,900 jobs Number of planned job losses
Announcement Date
5 June 2004
Employment effect (start)
Foreseen end date
Description
Michelin, the French producer of tires, has announced 2,900 job cuts in France before 2006, i.e. 12% of its workforce. There will be no dismissals, but out of the 6,000 retirements planned during the next two years, only half will be replaced. 1,900 job cuts will be in the headquarters of the company. The other sites that would be mainly affected, according to union sources, are Bourges with 192 job cuts, Poitiers, with 50, Roanne, with 51 and Breteuil, with 70.
Sources
5 June 2004: Le Soir
16 June 2004: La Tribune
Citation
Eurofound (2004), Michelin, Internal restructuring in France, factsheet number 60472, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60472.
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