Michelin group’s global workforce to downsize by 1.8 pct by 2021

French tyre maker Michelin said on Thursday it planned to cut 1,950 jobs by 2021, mostly in France, as it reorganizes its regional divisions while avoiding compulsory layoffs. Michelin said it would replace only 3,500 of the 5,000 French workers expected to leave or retire by 2021, as it cuts 970 positions at its Clermont […]

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