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The French industrialist is restructuring to improve its productivity.
A little over a year after announcing the closure of the La Roche-sur-Yon plant (Vendée), Florent Menegaux, the president of Michelin, launched a productivity improvement plan in France. He plans to cut administrative jobs, mainly at the Clermont-Ferrand headquarters. But also to reduce the wing in the 14 historical factories in France. A total of 2,300 jobs will be eliminated without forced departures, out of the 20,000 that Michelin has in the country and the 130,000 in the world.
The leader stresses that this plan is not accompanied by any plant closures. But he also affirms that no commitment can be made on closures in the coming years: “ It would be irresponsible of me. Industry is a living organism that is constantly adapting. There is no guarantee of sustainability ”, he said.
In recent months, Michelin has shed some activities for which it was not adding value compared to its Asian competitors. It closed its Bamberg factory (858 employees) in southern Germany, which mainly manufactured premium tires for passenger vehicles. And that of La Roche-sur-Yon (619 employees), which produced tires for heavy goods vehicles.
Michelin manages to maintain its first place in the world ranking of tire manufacturers by raising its production towards high-end and specialty products (civil engineering, aeronautics) and by turning to high-tech materials. Tires now represent nearly 90% of Michelin’s turnover. But this share will have fallen to 75% in ten years, according to the leaders of the group. The tire sector is undergoing restructuring in Europe, as evidenced by the closure of the Bridgestone plant in Béthune.