Restructuring events
European Restructuring Monitor (ERM)
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.
French tyre manufacturer Michelin has announced the creation of 210 jobs in its plant in Blanzy (Saône-et-Loire) in the next two years. About 130 workers will be recruited in 2017 and 80 in 2018. In 2015, the group has invested €58 million and created 128 positions in Blanzy.
The company has expanded several times within France over the previous few years, in 2010, 2011, 2013, inMay 2016 in its site of La Roche-sur-Yon (Vendée) and in December 2016 in its site of Cholet (Maine-et-Loire). But the group also had job cuts occurrences in 2009 and 2013. Michelin has recently announced a plan to restructure one of its sites in Clermont-Ferrand, with a site closure by the end 2017 and a reorganisation of its engineering department by 2018.
Eurofound (2017), Michelin, Business expansion in France, factsheet number 90663, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90663.