(Richard Bouhet/AFP/Getty Images)Thousands of protesters marched through the streets of the French capital Saturday, condemning the new labor laws of President Emmanuel Macron. Under Macron’s changes, for instance, French companies across the board stand to benefit from the laws’ stated aim of reducing the centralized power of collective bargaining. In the past, many French companies have said, these often hefty damages have proved deadly for smaller companies that do not necessarily have excess cash reserves . “Just to live.”When the laws take effect in January, Macron may become the first modern French president to successfully overhaul a labor market that many of his predecessors have tried — and failed — to deregulate. Apart from Saturday’s march, protests in general against Macron’s labor laws appear to be tapering off, with figures declining in recent weeks.

Source: Washington Post September 23, 2017 17:22 UTC