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.
United Kingdom (Ballymena), Italy (Fossano) and Germany (Oranienburg).
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
1,600 jobs Number of planned job losses
110 jobs Number of planned job creations
Announcement Date
3 November 2015
Employment effect (start)
1 July 2016
Foreseen end date
31 December 2018
Description
Michelin has announced a reorganisation plan of its activities in Germany, in the UK and in Italy that will lead to cut about 1,600 jobs by 2018. This reorganisation is accompanied by an investment of €265 million to modernise production facilities and the logistics network in these countries.
In the framework of the reorganisation, the group will close three sites: Ballymena (860 employees) in the UK, by mid-2018. ; Oranienburg (160 empoyees) in Germany, by the end of 2016 – with a transfer of production to the French site of Avallon (Yonne) – and Fossano (400 employees), in Italy. The site of Alessandria (more than 800 employees, Italy) will cease its retread activity in mid-2016 due to a sharp deterioration in the retread market. The group wants also to modernise its logistic in Italy that will lead to reorganise its warehouses network (with 28 job cuts).
However, in the UK, the investment at Stoke and Dundee will result in the creation of 110 jobs. "The competitive environment and the economic crisis of the past few years have lastingly affected the European tires market and, in particular, the market for new and retread truck tires, explains the group. To maintain its position as leading manufacturer and continue to develop in Europe, Michelin has decided to consolidate its positioning on high added-value production". In its press release, the management highlights measures to assist employee concerned in finding alternative employment or to take part to a return to work support programme. Michelin employs over 65,000 people and has 40 production sites in Europe representing 40% of the Group's activity.
Sources
3 November 2015: Les Echos
3 November 2015: Michelin (Press release)
Citation
Eurofound (2015), Manufacture Française des Pneumatiques Michelin, Closure in European Union, factsheet number 85529, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85529.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
