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Comment by mschuster91

5 days ago

> Is that something we require from companies?

In Germany, yes. For mass layoffs, this absolutely has to be considered. In general, the older the employee is, or if the employee has dependents, the more difficult it gets to both fire them or lay them off.

Germany's GDP is shrinking.

The regulations that make it hard to lay off someone have an equal and opposite effect of making companies very reluctant to hire. This impedes the efficient allocation of labor, resulting in a poorer GDP.