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On-going protest at ST Crolles intensifies

Posted: 20 Apr 2015 ?? ?Print Version ?Bookmark and Share

Keywords:ST? protest? profit sharing? incentive? fab?

Workers at ST's Crolles chip manufacturing site near Grenoble, France, are still on strike resulting from a reduction in their wages, local reports revealed. Employees held a rally outside the Isere Prefecture building in Grenoble on Tuesday, April 14. The previous week, about 250 people marched in a parade under police supervision, reported FranceTV3.

The workers first went on strike in March complaining that their profit sharing incentive had been reduced for the second year running. According to the reports, workers are angry that they are facing a 43 per cent reduction in their profit-sharing bonus, equivalent to about $1,100 for some workers, while the company was found to have $500 million for share buy backs and to pay dividends.

According to an article in www.placegrenet.fr, management met with union representatives on April 2 and 3 but it came to a "disappointing conclusion" from the CGT union's point of view with no offer of improved compensation. "The leadership retreats into a monologue and remains deaf to the concerns of employees, the article quoted the CGT as saying.

The Crolles site is one of ST's most advanced manufacturing sites and hosts 200mm and a 300mm fabs. However, the 300mm fab, officially opened in 2003, has been used largely as an R&D and pilot production fab with a view to higher volume digital designs being put out to foundry suppliers as part of a fab-lite strategy.

ST was approached for comment on the strike but had not responded by the time this article was posted.

- Peter Clarke
??EE Times Europe





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