Michelin Announces Closure of Olsztyn Truck Tyre Plant

Michelin, has declared its intention to close its truck tire production unit in Olsztyn, Poland. This decision is set to affect approximately 500 employees, marking a continuation of the trend of multinational companies scaling down their operations in Poland.

The closure of the Olsztyn facility is a part of a broader pattern observed in recent months, where numerous global firms, including FCA Powertrain, Levi Strauss, Nokia, and TE Connectivity, have announced cuts in their Polish workforce. These developments are sending ripples across various sectors, challenging the once-perceived stability of industries like information technology.

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