Michelin plans to shed - and create -2,900 jobs

4th June 2004, Comments 0 comments

PARIS, June 4 (AFP) - Global tyre manufacturer Michelin plans to shed 2,900 jobs in France where it is based from 2004 to 2006 under a draft programme which also allows for the recruitment of as many people, a company spokeswoman said on Friday.

PARIS, June 4 (AFP) - Global tyre manufacturer Michelin plans to shed 2,900 jobs in France where it is based from 2004 to 2006 under a draft programme which also allows for the recruitment of as many people, a company spokeswoman said on Friday.

The jobs would be lost through the departure of people for retirement or by means of early retirement.

She told AFP: "Michelin is taking the opportunity of the departure for retirement or early retirement on a voluntary basis of 6,000 people between 2004 and 2006 ... to adapt the workforce to its requirements."

The company expected to recruit 600 people in 2004 and 1,200-1,300 people each year in 2005 and 2006, she said. The plan would be put to the group's works committee on June 16.

The objective was to improve the competitive position of the group to ensure its activities continued in France and in other western countries

The Michelin group employed 24,400 people in France at the end of 2003.

Group chairman Edouard Michelin said in May that the company intended to strengthen a strong and profitable base in the West while developing a strong industrial base in emerging countries.

© AFP

Subject: French news

 

 


 

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