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The good old “the sky will come crashing down” FUD is still in full swing, I see. Meanwhile, requirements like this have been commonplace in the EU. As well as
by turquoisevar 3y ago
The good old “the sky will come crashing down” FUD is still in full swing, I see.
Meanwhile, requirements like this have been commonplace in the EU. As well as employers having to pay mileage or the cost of public transport for their daily commute.
Similarly, laying off people is strictly limited. Instead of the US style under hiring or barely hiring enough people to cover the job at hand, which leads to animosity when people take their PTO, most companies there hire enough to account for employees not being present despite the high statutory PTO days.
Are those companies all going under? No. The only downside is that they can't reach trillion-dollar market caps, big whoop.
The companies and investors simply adjust their expectations, and the sky is still where it always has been.