Restructuring events
European Restructuring Monitor (ERM)
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.
French tyre manufacturer Michelin has announced the creation of 100 to 120 jobs at its La Chapelle-Saint-Luc (Aube) plant by the end of 2018. The business expansion addresses a production increase at the plant specialised in the manufacturing of tyres for the agriculture market. Michelin expects to reach 900 employees within the plant by the end of 2018.
The company will offer permanent positions to its temporary workers and employees on short-terms employment contract but will also recruit externally. It has invited about 120 job seekers to visit the plant and to take part to interviews. New employees will be first recruited on professionalisation employment contract (a public supported employment contract) before being definitively recruited on permanent contracts for a monthly salary of a least €1,800. All new employees will receive internal training.
The company has expanded several times within France over the previous few years, in 2010, 2011, 2013, inMay 2016 at its site of La Roche-sur-Yon (Vendée), in December 2016 at its Cholet plant (100 job creations) and in March 2017 (210 jobs in its plant in Blanzy - Saône-et-Loire). On 17 October 2017, it has also announced 100 job creation in its site of La Roche-sur-Yon (Vendée).
Job cuts were also recorded in 2009 and 2013. Michelin has recently announced a plan to restructure one of its sites in Clermont-Ferrand: a site closure by the end 2017 and a reorganisation of its engineering department by 2018. In January 2017, Michelin agreed the non-replacement of a hundred retirements within five years in its site of Vannes,
Eurofound (2017), Michelin, Business expansion in France, factsheet number 92322, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92322.
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