Maintaining the link with the parent companies. Union organizations were not highly enthusiastic about the establishment of this new European structure, Requested by the management. Indeed, STE employees had observer seats at the EWC of STMicroelectronics and STE’s French representatives are afraid that the establishment of a European structure for the joint-venture will deprive them of information on the strategy of ST Microelectronics group. To get the consent of the French CGT, a clause provides that, “to ensure a good understanding of the synergies and impact of the parent companies on STE, information will be provided to the Select Committee, and opportunities to raise questions in face-to-face meetings with the management and/or select committees of the parent companies will be organized.” Details will be agreed upon separately.
of the French CGT, a clause provides that, “to ensure a good understanding of the synergies and impact of the parent companies on STE, information will be provided to the Select Committee, and opportunities to raise questions in face-to-face meetings with the management and/or select committees of the parent companies will be organized.” Details will be agreed upon separately.
Transnational matters. While the agreement states the principle of the EWC’s competence on matters that concern the co
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