1200 To Go At Michelin Spain

In an attempt to maintain strong results in Spain and to meet future challenges Michelin Spain has announced plans to reduce its staff by 1200 employees over the next three years. The reduction will come from a number of measures which will include early retirement and redeployment. The plan will see the closure of Michelin’s steel wheel plant in Aranda in 2005.

Work will be transferred to plants in France and Germany. 600 workers will be affected by this move. The rest of the losses will be at Valladolid and Lasarte.