Michelin launches major restructuring, job cuts planned in US, France

Clermont-Ferrand, France – Michelin Group has launched a major reorganisation, which will see roughly 1,500 job cuts in France, as well as 450 in the US, the tire maker announced 22 June.

In March, Michelin said, the company launched a project for “a new organisation” that would boost growth by adapting its operations to meet the evolving demands of its customers and employees.

The “in-depth transformation”, it added, is intended to improve “customer satisfaction, empower the teams, simplify operating modes and digitalise the group.”

In this new format, Michelin will have 10…

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