Type
Internal restructuring
Country
France
Region
Bassin Parisien; Centre; Indre-et-Loire
Location of affected unit(s)
Joue-les-Tours
Sector
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

436 jobs
Number of planned job losses
Job loss
Announcement Date
27 November 2013
Employment effect (start)
1 July 2013
Foreseen end date
30 January 2015

Description

Michelin, the world's largest manufacturer of tyres, is to cut 436 staff at its plant in Joue-les-Tours (Indre et Loire). This is mainly due to the cessation of the production of truck tyres at the site by the end of 2014 or early 2015.

Cuts will be made effective via an early retirement scheme for staff aged 55 years or older. Additionally, 270 employees in Joue-les-Tours will be relocated within the group or given long-term training. Most relocated staff will find employment in La Roche-sur-Yon (Vendee), where the relocation of the tyres production will create about 170 jobs.

First early retirements could be implemented from July 2014 on. The largest part of the dismissals is to take effect from Setember 2014 on.

The decision follows a three months lasting negotiation process with labour unions. One union refused to sign the final contract, denouncing the restructuring plan.

Previous restructurings included large job expansions (FR2013, FR2011, FR2010) but also large job cuts (FR2009). 


Sources

  • 27 November 2013: Lib√©ration
  • 27 November 2013: L'usine Nouvelle

Citation

Eurofound (2013), Michelin, Internal restructuring in France, factsheet number 76254, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76254.