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Michelin Closing Another 2 Plants In Europe

Michelin Closing Another 2 Plants In Europe

Undated file photo of Michelin’s logo and bibendum. Michelin is to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year. Photo by Lafabregue/ANDBZ/ABACAPRESS.COM

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Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

Undated file photo shows MIchelin logo at his headquarters in Clermont-Ferrand, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Lafabregue/ANDBZ/ABACAPRESS.COM

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Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

Undated file photo of Michelin logo at Michelin museum in Clermont-Ferrand, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Lafabregue/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Pancarte "AMAB, all marquis are bastards" - Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Banner 'No to a commercial reserve'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Banner 'Free access to the Chartreuse Nature Reserve'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. T-shirt 'Free Chartreuse'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Banner 'Free access to the Chartreuse Nature Reserve'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. T-shirt 'Free access to the Chartreuse Nature Reserve'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. 'Private Property” sign hanging on a tree' . Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. 'Private Property” sign hanging on a tree' . Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. BAnner Free Chartreuse'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Banner 'Free access to the Chartreuse Nature Reserve'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Signs 'To the toilets of the marquis' and 'Right to nature for all'. Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. NGO flags.Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Demonstration Against The Privatization of Nature - Isere

Demonstration Against The Privatization of Nature - Isere

Citizen gathering and hiking demonstration at the Col de Marcieu, Isere, France, on October 15, 2023, to protest against the privatization of 750 hectares, in the heart of the Hauts de Chartreuse Reserve, by an owner, the Marquis Bruno de Quinsonas-Oudinot. Sign 'No to hunting in nature reserves'. -Photo by Lafabregue R/ANDBZ/ABACAPRESS.COM

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Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais  (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (aussi appele Stade des Lumieres) le 07/01/2016 - Photo by Lafabregue/ANDBZ/ABACAPRESS.COM - Equipement sportif; Football; OL; Olympique Lyonnais; Sport; Sport collectif; Stade; Terrain de sport; Europe de l'Ouest; France; Auvergne Rhone Alpes; Decines-Charpieu; Rhone 69; Rhone Alpes

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Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais  (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (aussi appele Stade des Lumieres) le 07/01/2016 - Photo by Lafabregue/ANDBZ/ABACAPRESS.COM - Equipement sportif; Football; OL; Olympique Lyonnais; Sport; Sport collectif; Stade; Terrain de sport; Europe de l'Ouest; France; Auvergne Rhone Alpes; Decines-Charpieu; Rhone 69; Rhone Alpes

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Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais  (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (aussi appele Stade des Lumieres) le 07/01/2016 - Photo by Lafabregue/ANDBZ/ABACAPRESS.COM - Equipement sportif; Football; OL; Olympique Lyonnais; Sport; Sport collectif; Stade; Terrain de sport; Europe de l'Ouest; France; Auvergne Rhone Alpes; Decines-Charpieu; Rhone 69; Rhone Alpes

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Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais  (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (07/01/2016)

Decines-Charpieu (69) : le Grand Stade du Parc Olympique Lyonnais (aussi appele Stade des Lumieres) le 07/01/2016 - Photo by Lafabregue/ANDBZ/ABACAPRESS.COM - Equipement sportif; Football; OL; Olympique Lyonnais; Sport; Sport collectif; Stade; Terrain de sport; Europe de l'Ouest; France; Auvergne Rhone Alpes; Decines-Charpieu; Rhone 69; Rhone Alpes

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Michelin Plans To Cut 530 Jobs

Michelin Plans To Cut 530 Jobs

Michelin will cut 530 jobs and plans to retire 670 people in the first year of its "simplification and competitiveness plan", its management said on Wednesday. The plan, announced in early January, calls for 2,300 job cuts from 17,000 employees in France over three years, with no forced departures ---- File - Coronavirus crisis - Major retailers and manufacturers suspend production - File - Le musee Michelin, musee de L'Aventure Michelin a Clermont Ferrand, France. Vue interieure avec Bibendum, le bonhomme Michelin, logo de la marque. Photo by Lafabregue/ANDBZ/ABACAPRESS.COM (Credit:ANDBZ/ABACA/Kyodo News Images)

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