I've been bought out by a French company twice in my career and worked closely with developers in Paris for years, and at least in my experience, this is still very much the case. There wasn't a track for senior IC and at the time I was a Principal Engineer who had reported directly to my (exited) company's CTO. I was used to pretty much free range, being treated as equals to the front line management.

Paris managers didn't know what to do with me, why this keyboard jockey kept requesting meetings and taking on projects. One manager treated me like I was lost and even tried to add me to his Jira board. After quite a few conflicts I finally asked for a title change. Boom, instant cred, no more weird issues.

Super generalization of course, but my experience was harsh and blatant. I could tell a lot more stories to back it up mainly because I thought it was so odd.