Michelin Plans Up to 1,500 Job Cuts in France Over Three Years
Michelin announced on Thursday a plan to adjust its workforce in France, aiming for up to 1,500 job cuts over three years, based solely on voluntary departures. This move is in response to an unstable economic environment and production costs deemed too high.
A Plan Without Forced Departures, Mainly in Support Functions
Michelin is considering a workforce reduction potentially affecting 1,500 positions spread over three years. Two-thirds of these would involve support functions (administration) and one-third the industry. The group specifies that this project will proceed 'without any forced departures' and is based exclusively on voluntary participation.
A Three-Year Support Plan and Social Negotiations
The group will initiate negotiations for a Management of Employment and Career Paths (GEPP) agreement, supplemented by Collective Conventional Breakups (RCC). The scheme will offer personalized paths for internal or external mobility, retraining, and training towards future-oriented professions, with individual support for each employee involved. Michelin justifies this reorganization by the French economic and regulatory context: high production costs (labor, energy) and one of the highest tax burdens among industrialized countries, in a global environment marked by increased competition and macroeconomic tensions.
Michelin employs nearly 17,000 people in France and plans to continue recruiting. The group has its corporate headquarters, global R&D center, and 13 industrial sites in France.
