Italy: Michelin and the trade unions sign a framework agreement on the restructuring of the company

The industrial plan provides for the specialization of Michelin Italiana's sites (5.500 employees) for 2009-2013 and around 700 job cuts. The management promised to support the reclassification of the workers concerned. (Ref. 080974)
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Poor production increase, more traditional and Asian competitors, the crisis in the car industry which reduces the demand for pneumatics and should continue in 2009: these are the reasons given by Michelin Italiana to justify the reorganization of its four plants in the Piedmont (where the group is present since 1907). This plan provides for 700 job cuts: 600 in Stura (Turin), 40 in Alessandria and 40 in Vercelli. Michelin promised to “create internal or external job opportunities for every emp

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