PARIS (Reuters) – French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France.
“The plan is part of a broad co-construction and social dialogue approach and will rely on negotiating a three-year framework agreement that will not entail any layoffs”, the group said in a statement.
“The plan does not rely on plant closures”, Michelin added.
Reporting by Sudip Kar-Gupta; Writing by Benoit Van Overstraeten; Editing by Louise Heavens