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Michelin Cholet / Vannes
Main severance
€40,000 + €1,250/yr
Health cover
Statutory portability
Status
Signed
Positions affected
~1,254 positions (Cholet + Vannes)
Context
Why the plan was launched and who is affected
Plan type
Site closure
Sites affected
Cholet (Maine-et-Loire — heavy-truck tyres) + Vannes (Morbihan — passenger-car tyres)
Rationale & context
Double total plant closure announced November 2023 (Cholet) then November 2024 (Vannes). Michelin's official rationale: European overcapacity, Asian competition on standard segments, structural deterioration of French competitiveness. Politically very sensitive case — central to the 16 July 2025 parliamentary inquiry on layoffs despite State aid.
Look here first
Severance
What employees received — legal base, supra-legal, caps
Legal / collective indemnity
This is the minimum guaranteed by your sector's collective agreement. Paid to every affected employee on top of the statutory legal indemnity.
Metallurgy collective indemnity (OETAM / engineer and manager status)
Underlying formula · 1/4 month per year up to 7 years, then 1/3 month beyond (slightly improved vs. legal minimum which caps at 10 years).
Supra-legal top-up
The amount negotiated by unions ON TOP OF the legal and collective minimum. Often the largest part of the package.
€40,000 gross flat + €1,250 gross per year of seniority
Floor
Minimum amount guaranteed to every employee, regardless of seniority or salary.
The €40,000 flat acts as de facto floor
Cap
Maximum amount an employee can receive, even with very long seniority.
Not publicly documented
Notice period
Period between the dismissal notification and the actual departure. The employee remains paid during this time, whether they work or not.
Not specified in the PSE.
Collective minimum · Metallurgy agreement (IDCC 3248) — Managers: 3 months. Non-managers: 1 to 2 months by classification and seniority.
Example — rough estimate
For a non-manager employee with 5 years of seniority and €3,500 gross/month:
| Collective severance | (1.25 months × €3,500) | €4,375 |
| Supra-legal severance | €40,000 + (5 × €1,250) | €46,250 |
| Estimated gross total | €50,625 | |
Very rough illustrative estimate. Your actual amount depends on your exact reference salary (max of 1/12 of last 12 months or 1/3 of last 3 months, bonuses included — art. R1234-4 French Labour Code), your precise status (manager/non-manager/ETAM), your hire date and your individual situation. For a personalized calculation of the legal indemnity, use the official French Ministry of Labour simulator.
Support
Outplacement, training, retraining aid and mobility
Device type
The scheme to help you find a new job: reclassement leave, CSP, or another mechanism.
Reclassification leave
Duration
How many months the support will last after your departure.
Not publicly specified
Vulnerable employees (disabled, single parent, etc.)
Measures for employees with disabilities, illness, or personal difficulties.
Age premium: 2-6 additional months of salary depending on age + complementary unpriced bonus
Selection
How departures are decided — criteria and voluntary scheme
Selection criteria (scoring)
Not publicly documented (criteria negotiated at site level)
The point grid that determines who leaves first: seniority, family responsibilities, professional qualities. The higher your score, the more protected you are.
Notes & sources
Additional information and references
Notes
Agreement signed 24 March 2025 by CFE-CGC, CFDT and Sud (majority unions). CGT refused. Inter-union initially demanded €70,000 + €2,500/yr. Michelin paid €1.4B in dividends in 2024 — denounced by unions and the July 2025 parliamentary inquiry.
📄 Le Journal des Entreprises — Accord PSE Michelin signé 24 mars 2025 · View source →