There are a number of mines and chemical plants where I grew up. In the 80's as Americans shifted to selling fraudulent securities and "brand management" some of these were bought out by overseas companies. The workers of the the plants that did not get bought out were envious. The management improved that much. The people I knew working there would say things like, "I don't care who buys us out; Germans, French, Japanese, or whoever. As long as we get rid of American management".
Note that pay and benefits did not change, but the reports I got was things got more streamline and logical with less focus on punishment.