Job cuts in industrial companies: Overview

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March: Michelin, Meyer Burger

March:

As early as the end of 2023, Michelin had announced that it would close tire factories in Germany and relocate production abroad. The IG BCE union had unsuccessfully tried to convince the group to keep the plants and some of the jobs. In March, the certainty came: The Karlsruhe and Trier sites will be closed, and the truck tire production in Homburg will be stopped. More than 1,500 jobs are set to be cut by 2025.

You can find the detailed report on the subject here:

Michelin wird in Deutschland bis 2025 zwei Werke schließen und die Produktion von Lkw-Reifen verlagern. (Bild: Michelin)

The solar company Meyer Burger announced in March that it will close its site in Freiberg, Saxony. The reasons cited included significant losses from the previous year and strong competition from cheap solar modules from China. The site closure affected a total of 500 employees of the company. According to the Swiss company, around 100 affected people were offered a contract in other companies of the group.

Here you can read more about the background:

Der Meyer-Burger-Standort im sächsischen Freiberg wird geschlossen. Diese Art Solarmodule wird es von dort also nicht mehr geben. Rund 400 Mitarbeiter verlieren ihre Arbeit. Wenn die Berichte stimmen, würgte Billigkonkurrenz aus China den Schweizern die Luft ab. (Bild: Meyer Burger)

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Date: 08.12.2025

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First quarter of 2024