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throwaway95325
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I worked for a EU company that had been acquired by an US company a few years I started.

We had dev teams in US, EU and Asia. It worked well because most of the top leadership remained in EU to manage the business unit. The US company somehow managed to put their career ambitions aside and recognize that non-Americans are capable of making decisions

We could have meetings with teams on both sides of the globe, and reduce on-call duty because we would have devs available in office a large portion of the day.

If we needed to sync all teams, we often had two meetings with EU as the host. There were some occasional shared meetings where the US office had to start early, and the Asians stayed late, but they were the exception

We still managed to integrate with the US parent company and share the tech stack where appropriate.