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....

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