In order to illustrate the debate currently going on in France, here’s what the new law lays out for companies over 20 employees for employees under 26 years old:

• Employment shall be at will for a period of 2 years
• Notice of layoff shall be 2 weeks if employment was between 2 and 5 months, one month if employment was over 5 months
• Severance shall be 8% of gross pay for the employment period

That is what some of France’s youth is bitching about. Hardly unbridled and ferocious capitalism, don't you think?

Labels: france