Michelin Vitoria to lay off 150 employees and suspend EUR 75 million investments
Various media sources reported that Michelin will lay off 150 of its 3,500 employees at Vitoria plant in Spain and suspend EUR 75 million investments planned for the next 3 years at this plant. These decisions followed the projection of its production in 2024, which will be the lowest in 20 years. The company also pl....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)