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
436 jobs Number of planned job losses
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: Libération
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.
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