STMicroelectronics restructuring in Agrate Brianza. A local game within a metanational Player - STMicroelectronics is a global leader in designing, manufacturing and delivering semiconductor solutions across the spectrum of microelectronics applications. This contribution analyses the restructuring process that affected the Agrate Brianza site, in Lombardy (Italy) between May 2005 and November 2007, as a case of local governance of global dynamics, essentially based on industrial relations without any intervention of local or public authorities. The chapter is structured in three parts: a company presentation, the analysis of the restructuring process and some considerations about the innovative practices explained by the case-study. These innovative practices allowed the Agrate site, not only to transform the restructuring announced at headquarters level as a downsizing into a vast internal reorganization, but also to increase its competitiveness.
Keywords: Metanationals, restructuring, working time reorganization, industrial relations, european works councils.