Earlier quoted context omitted.
I'm so glad most European countries have robust labour laws which often favour the employee in case of doubt, not the employer. This type of behaviour - unilaterally changing the employment agreement without even specifying them in their entirety! - should never be possible. I hope other employees and EU countries follow suit and slap X with more fines, if this impacted other citizens as well.
Can't wait until the US wakes up and we get an endless 'that's why the startup/innovation culture in the EU sucks and will never be comparable to the US'
It would be nice if people on HN tried to engage in a good willed nature rather than treating discussions like a struggle session.
But to the topic at hand, in rapidly changing sectors, high levels of friction when it comes to employment has a cost. There is no free lunch in economics.
When hiring employees means you’re hiring them effectively for life, it creates disincentives for hiring. Maybe you hiring consultants instead. Or maybe you make do and not hire at all.
No doubt it benefits employees when it comes to job stability. But the cost can be not having those jobs at all. That’s something that has to be considered in the equation.
The other thing is the employee obligations it creates. When I worked in Europe I had to give three months notice to quit. Either that or pay the company the equivalent of the salary I made. As an employee it was a penalty I couldn’t afford and thus opportunities at start ups that needed someone now were out of reach. Employee protections had a real cost to me.
It’s pretty clear that Europe as a whole is willing to pay that cost, but it’s a choice.
Nothing wrong with that, but one can’t make that choice then turn around and wonder why your innovative sectors are lagging other countries.