Business
18:15 16 April 2024
Post by: WBJ

Michelin to close factory in Olsztyn, but will not lay off employees

Michelin to close factory in Olsztyn, but will not lay off employees
Source: Pexels

Michelin Poland announced the closure of its heavy truck tire plant in Olsztyn, affecting 430 employees. However, the company plans no layoffs, aiming to relocate affected workers to other Michelin facilities in Olsztyn. Production is shifting to Romania due to high manufacturing costs in Poland.

This move aligns with recent labor market trends, as other companies like Backer OBR and Levi Strauss & Co. have also announced layoffs in Poland. Michelin's decision reflects broader challenges in the manufacturing sector.

Source: pulshr.pl


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