Barnier Questions Public Funds After Auchan, Michelin Job Cuts

Barnier Questions Public Funds After Auchan, Michelin Job Cuts

lemonde.fr

Barnier Questions Public Funds After Auchan, Michelin Job Cuts

French Prime Minister Michel Barnier is questioning the use of public funds given to Auchan and Michelin following their announcements of mass job cuts, and is exploring solutions to support affected workers and local economies.

French
France
EconomyFranceGovernmentIndustryJobs
AuchanMichelinFrench Government
Michel BarnierAndré ChassaigneFlorent Menegaux
How many jobs are expected to be lost due to the closures of Auchan and Michelin sites?
Michelin plans to close its sites in Vannes and Cholet, resulting in 1,254 job losses; Auchan plans to close about ten stores, resulting in 2,389 job losses.
What action does Barnier plan to take regarding the use of public funds by Auchan and Michelin?
Barnier stated that he wants to investigate how public money given to Auchan and Michelin was used, and whether it was used appropriately or misused.
What is the main concern of French Prime Minister Michel Barnier regarding Auchan and Michelin?
French Prime Minister Michel Barnier expressed his concern over the job losses resulting from the closure of several Auchan and Michelin sites, questioning the use of public funds given to these companies.
What is Barnier's position on Michelin's decision to close its sites, and what actions has he taken?
Barnier is in disagreement with Michelin's decision and has met with the CEO. He is proposing solutions to support affected employees and local economies, including a new industrial savings account.
What measures is the French government considering to address the job losses and support affected areas?
The Prime Minister mentioned plans to create a new industrial savings account in early 2025 and is seeking European solutions to address unfair foreign competition.