Performance Overview
Disclosure on management approach
Our social policy covers respect and care toward our employees, ethics, people management and development, and concern for the community.
2005 social performance in context
The year 2005 has been significant in terms of the impact on ST employees. Three specific events occurred with major implications for their lives both now and in the future:
- In 2005, we carried out a significant reorganization of the company
- There were major changes in our management team due to several retirements
- We launched a restructuring program to maintain our competitiveness. This involved the reduction of about 3,000 positions, primarily in Europe and Mediterranean regions.
Information regarding indicators of social performance
The performance data provided in this social overview section covers 92% of ST employees. The term 'professionals' refers to engineers and managers. Any other categories of employees, for example operators, technicians and administrative staff, are referred to specifically.
Social Performance data
View our social data by clicking on the topics below.
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