How many jobs will be lost in the latest Michelin closure?

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619 jobs will be lost in the latest Michelin closure

The latest closure of a Michelin factory in La Roche-sur-Yon, western France, is set to result in the loss of 619 jobs. This decision, planned for next year, also impacts 74 employees at a nearby facility in Maine-et-Loiret that supplies rubber to the affected site.
La Roche-sur-Yon Factory Closure Details

The factory in La Roche-sur-Yon, which employs 619 individuals, will cease operations next year. Michelin has indicated that a support plan will be provided for the affected employees, including opportunities to remain with the company within France. Efforts will also be made to identify a significant public-private project to revitalise the struggling site.
Impact on Nearby Rubber Manufacturing Facility

In addition to the primary job losses, 74 workers at a separate factory located in Maine-et-Loiret will also be affected. This facility is responsible for manufacturing the rubber used at the La Roche-sur-Yon plant, highlighting the interconnectedness of the operations.
Market Challenges Cited for Closure

Michelin has attributed the closure to market difficulties, specifically citing challenges in the high-end heavy-duty tyre sector both within Europe and internationally. Increased competition has also been identified as a contributing factor to the site's underperformance. A previous investment of €70 million had been made in an attempt to save the La Roche-sur-Yon facility.
Broader Context of Michelin's Employment

As of the end of last year, Michelin employed approximately 110,000 people globally, with a significant portion, around 20,000, based in France. This latest closure follows previous announcements, including the planned closure of a German factory with 858 employees by 2021 and a Scottish plant with 845 employees last year.

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How many jobs will be lost in the latest Michelin closure?

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