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Top related persons:
Florent Menegaux - 2 Menegaux - 2 Mr - 1 “ - 1 Jean - 1 Dominique Senard - 1 Ludovic Marin - 1 Christel Bories - 1
Top related locs:
Europe United States France Asia Japan Douai PROVENCE China
Top related orgs:
Michelin - 2 Unions - 1 Renault SA - 1 U.S - 1 French - 1 Renault - 1 European Union - 1 White House Council - 1

Search resuls for: "Florent Menegaux"


2 mentions found


☆ What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
  + stars: | 2024-04-26 | by ( Liz Alderman | ) www.nytimes.com   time to read: +1 min
When the French tire maker Michelin closed its factories during the coronavirus pandemic, Florent Menegaux, the company’s chief executive, took stock of the closures’ impact on employees worldwide. Thousands of workers in Asia, Europe and the United States at the lower end of the company’s pay scales could barely get by, an independent review showed. “If workers are just in survival mode, it’s a big problem,” Mr. Menegaux said in an interview. “When the wealth distribution in a company is too unequal, that’s a problem, too.”The announcement quickly ignited a debate in France over what exactly constitutes a decent wage and whether more French corporations should follow suit. Unions warned that the Michelin pledge would still leave some workers struggling and that it did not come with a guarantee against future layoffs or site closures.
Persons: Florent Menegaux, Mr, Menegaux, “ Organizations: Michelin, Unions Locations: Asia, Europe, United States, France
☆ European firms look for footing in China-U.S. spat, French execs say
  + stars: | 2023-07-09 | by ( Mathieu Rosemain Leigh Thomas | Mathieu Rosemain | Leigh Thomas | ) www.reuters.com   time to read: +4 min
"We're keeping a particularly close eye on the current tensions between the U.S. and China," said Florent Menegaux, chief executive of French tyremaker Michelin. "When we see the impact that the IRA will have (on European companies), I think we haven't talked enough about it at this conference," a senior banker said. "There is a big risk that European companies will shift their investments (from Europe to the United States)." Some say the main concern is the time taken by European Union authorities to respond. "I understand the frustration, but when you look at the details of the extent to which the United States is subsidising its domestic industry, it is not greater than what the Europeans do themselves," Boushey said.
Persons: Jean, Dominique Senard, Ludovic Marin, Florent Menegaux, Menegaux, Christel Bories, Bories, Veronika Grimm, Heather Boushey, Boushey, Mathieu Rosemain, David Holmes Organizations: Renault SA, U.S, French, Michelin, Renault, European Union, Reuters, White House Council, Economic Advisers, Thomson Locations: Japan, Douai, France, PROVENCE, United States, China, Europe, Indonesia, America
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