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Michelin to Close Two French Plants, Over 1,250 Jobs at Risk

Michelin has announced the closure of its plants in Cholet and Vannes, impacting more than 1,250 jobs by early 2026. The decision follows a significant decline in production activity, with workers expressing shock and frustration at the swift announcement. Employees and union representatives argue that the closures reflect a broader strategy to cut costs amid rising inflation and competition. While Michelin pledges support for affected workers, employees demand fair severance packages. Protests are anticipated as negotiations over exit conditions are set to resume soon.

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