Michelin Layoffs Job Cut: fires 1000 employees due to Opelika, Alabama plant closure

The news is from Michelin, which is the leading tire or tyre maker of the world, is reported to be going for layoffs. The news is not good for the employees of the Michelin as the organization is going for job cuts because it has decided to close one of the tire plants at Opelika, Alabama. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat.
How many employees may be fired in the Michelin layoffs?
As per the reports, there are going to be 1000 job cuts by Michelin. This is due the plant closure at Opelika, Alabama.

What is the total no. of employees of Michelin?
The total no. of employees of Michelin is not known as of now.

What will be the cost and savings by Michelin layoffs?
No info about that, but the plant closure and the layoffs are being done in response to the worsening market situtation and obviously the company does not see any better situation in future.

When will the Michelin layoffs happen?
The plant closure is expected to be in October, so the layoffs will happen by then.

Which locations and department of employees will be affected by the Michelin layoffs ?
Opelika, Alabama will be affected.

What is the primary reasons for Michelin layoffs?
It's all about the worsening market situation, economy, declining sales and no clear site of future revival.

Any other news about Michelin layoffs
As per Greenvilleonline, Michelin has decided to provide a severance package, including separation pay and other benefits
Let's hope that alternative jobs are available to the affected employees of Michelin Layoffs Job Cut