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Michelin
Michelin in Canada / To cut 500 jobs
French tyremaker Michelin (MICP.PA: Quote) said on Monday it would gradually reduce production at a Canadian plant by mid-2015, cutting about 500 jobs and booking a provision of C$87 million ($78.52 million) in the first half of this year. Chosen excerpts by Job Market Monitor. Read the whole story at Michelin to cut 500 jobs at … Continue reading
France / Michelin cuts 700 jobs
Michelin is cutting just over 700 jobs at its Joué-lès-Tours plant in the Loire region of France. It is the latest car industry manufacturer to respond to the European downturn with layoffs. The news was not received well at the factory, which makes tyres for lorries. Patrick Fontaine, a 36-year veteran at the plant, wept … Continue reading
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