paris - French President Emmanuel Macron has signed his signature under five decrees revising the complicated French labor law. This formality was Friday's first major economic reform of the liberal Macron, which became president this year.
The new rules limit severance pay. They give businesses more and trade unions less control when making rules about working conditions. Entrepreneurs also gain more space for people to dismiss or rent people.
The revised labor law is expected to be implemented only by the end of this year.