Posted on 05/10/2012 11:20:49 AM PDT by Olog-hai
French president-elect François Hollande aims to make it financially painful for healthy firms to fire workers and will "arm wrestle" big employers like General Motors to force them to take a more "moral" approach, a senior adviser said on Thursday.
Hollande, who takes office on May 15, said before his election victory on Sunday he would seek to impose financial penalties on profitable companies that announce layoffs only in order to improve their share price.
With mass layoffs anticipated at firms including retailer Carrefour and carmakers General Motors (GM) and PSA Peugeot-Citroen, Hollande's adviser, Michel Sapin, said the president-elect would seek to apply his pledge quickly.
Sapin, who is tipped as a possible prime minister or finance minister, told France Inter radio that, short of a ban, the goal would be to make it "extremely expensive" for firms to shed workers to boost their share price.
GM said on Wednesday it would consider closing a factory in Strasbourg in eastern France, and PSA Peugeot Citroën is seen closing a large production site north of Paris this year. …
The feared shutdowns would compound the economic woes facing Hollande. He has pledged to temper austerity in Europe, create 150,000 state-aided jobs and try to reverse an upward trend in joblessness, currently near 10 percent, during his 5-year term.
The Socialist takes over from Nicolas Sarkozy at a time of resurging fears of Greece leaving the eurozone, stuttering growth and, on Thursday, data showing that industrial output fell more sharply than expected in March. …
(Excerpt) Read more at reuters.com ...
Socialists! God help us.
...when will we learn he was a muslim too...*smiles* He’s making Obama like promises.
If I was one of those firms, I would pull out now given this idiot’s threat.
um...theres a big diff between laying people off and fireing them...firing usually involves cause...
What is a “healthy” firm? Sounds dirty.
That’s what the frogs voted for! Less employment. Firms and business will be pulling out in droves. Good job you bunch of lazy butter and wine swilling idiots.
“If I was one of those firms, I would pull out now given this idiot’s threat.”
Today!
Version as interpreted by business: [To encourage companies to announce pre-emptive layoffs,] French president-elect François Hollande aims to make it financially painful for healthy firms to fire workers and will “arm wrestle” big employers like General Motors to force them to take a more “moral” approach, a senior adviser said on Thursday.
If there were still such a thing as corprate integrity, French workers would find burned-out factories and vacant corporate offices when they come to work Monday morning...
Easiest way I know to be a firm that doesn’t fire workers is to be a firm that doesn’t hire them in the first place.
Duh.
If I can’t fire someone who’s an idiot,
I damn well am not going to hire anyone that doesn’t have an absolutely proven work record.
Call it Reduction in Force. No need for cause there.
straight out of Atlas Shrugged
because we all know socialism works so well from previous history....dripping sarc.
He’s a stinking pinko.
Gosh, just make it illegal to fire people.
Betcha Obama wonders why he didn’t think of that.
Within 6 mos. Hollande will make it manditory to hire these “idiots,” and if they don’t will face stiff fines, that’s what socialism is all about, and like France, CA and the rest of the USA are in the lurching “Forward” in the same direction.
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