French tire maker Michelin to restructure business without laying off workers

On Wednesday, in a statement French tire maker Michelin stated it plans on reducing its workforce by up to 2,300 jobs over the a period of three years as part of a restructuring process that is aimed at simplifying and making it operations more competitiveness in France.

“The plan is part of a broad co-construction and social dialogue approach and will rely on negotiating a three-year framework agreement that will not entail any layoffs”, said Michelin in a statement.

It went on to add, “The plan does not rely on plant closures”.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: