“We are at the beginning of a violent industrial bloodletting”.warned CGT General Secretary. Sophie Binetin an interview with La Tribune Dimanche following the announcement of redundancy plans at Michelin and Auchan. “It is estimated that more than 150,000 jobs will be lost, probably more.”according to the head of the trade union federation, who forecasts a “domino effect on the subcontractors of “major contractors.

Michelin, the French tire giant, has announced on November 5 that it would close its Cholet and Vannes sites before 2026 (Morbihan), which employ a total of 1,254 people. According to Sophie Binet “bleeding will strike “all sectors”and is “due each time to the same strategy of these companies”.. To wit “always increase margins”on the one hand, and “distribute ever more profits to shareholders”.on the other. In the case of Michelin “closes sites to finance the cost of capital”.after “record dividend paymentsaccording to the head of the trade union center.

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The CGT wants a moratorium on redundancy plans in industry

The CGT has drawn up a list of redundancy plans which “approaching 200”according to Sophie Binet. Who calls for a “real industrial policyand that a “cannot receive (state) aid if the opinion of employee representatives is unfavorable”.. For the time being, the CGT is asking Michelin to “moratorium to avoid layoffs, to avoid these tragedies and preserve our industrial tool, our qualifications.”.