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
400 jobs Number of planned job losses
Announcement Date
19 September 2008
Employment effect (start)
30 January 2009
Foreseen end date
Description
Michelin, the French tyre manufacturer, is to relocate 400 employees from its plant located at Turin to its plant located at Cuneo.
The reorganisation plan announced by the company at the end of September 2008 involved the closure of the Turin plant, with the loss of 700 jobs. After some meetings with the trade unions and the local authorities, the company has announced a new reorganisation plan that envisages the relocation of 400 workers (out of 700) to the Michelin plant located at Cuneo. The Michelin plant located at Turin will reduce its production and will employ 300 workers. The trade unions have expressed satisfaction with the agreement.
Michelin has also announced the 2009-2013 business plan that envisages new investments on the Cuneo plant which produces high-quality tyres. In Italy, Michelin has four industrial sites and around 5,000 employees.
Sources
12 November 2009: Il Sole 24 Ore
Citation
Eurofound (2008), Michelin, Relocation in Italy, factsheet number 67605, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67605.
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