Help Desk -
9958816305, 9810335381
Email
Password

Bridgestone to Cease Activity at Bethune Plant in France

Auto News - Published on Fri, 18 Sep 2020

Image Source: Bridgestone Bethune Plant
Given the challenging long-term evolution of the industry in the European passenger tyre market, Bridgestone has to consider structural measures to ensure the reduction of its production overcapacity and improve its cost efficiency. After carefully studying all the potential options, the company announced during an Extraordinary Works Council today it intends to stop all activity at the Bethune plant, as it is the only viable path to safeguard the competitiveness of Bridgestone’s operations in Europe. The proposal could impact 863 employees. Bridgestone is fully aware of the social consequences of this project and is committed to using all means at its disposal to define support plans for each employee.

This would be done in close consultation and through sustained dialogue with employee representatives. Preretirement measures, support for the reassignment of employees to other Bridgestone activities in France and initiatives to facilitate external redeployment, will be proposed by the company and discussed in detail with employee representatives in the coming months.

Furthermore, Bridgestone intends to minimize the impact on the region as much as possible by deploying a solid employment revitalization plan for the area. The company has committed to establishing a dedicated outplacement program and to actively search for a buyer for the site.

Source :

Posted By : Yogender Pancholi on Fri, 18 Sep 2020
Related News from Auto segment