Comment by bagacrap
5 days ago
Are labor laws not a regulation?
I will accept your argument that there are additional onerous regulations on top of that. But that seems like the same "core premise".
5 days ago
Are labor laws not a regulation?
I will accept your argument that there are additional onerous regulations on top of that. But that seems like the same "core premise".
No, labor laws are fine exactly as they are. Not importing US style at will hire and fire culture is an asset. That's all budgetable and relatively minor. If you are seeing a need to downsize your company early on, the fundamental mistakes already happened way earlier by choosing a path that was unsustainable. Such a company doesn't usually have a future.
If European style labor practices were advantageous in a competitive market then there wouldn't need to be regulations.