Michelin will close two factories in Germany and lay off more than 1,500 employees

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The multinational Michelin will restructure its activities in Germany before the end of 2025, a measure it attributes to the lack of competitiveness of its factories in this country.

French multinational Michelin will restructure its operations in Germany before the end of 2025, a move it attributes to the lack of competitiveness of its factories in this country and which will affect more than 1,500 employees.

This Tuesday, the group informed the 1,410 employees of the Factories in Karlsruhe and Trieras well as the factory for new tires and semi-finished products Homburg its decision to phase out industrial activities within a period of two years.

Michelin The company also plans to relocate its customer service center for Germany, Austria and Switzerland from Karlsruhe to Polandwhich will impact an additional 122 employees.

The decision does not affect the factories in Homburg and Bad Kreuznach, which the French company says will continue production.

Source: EITB

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