The economics of *Le Monde*

It seems the newspaper is going under.  Here is one snippet:

In France, firing a printing plant employee is hugely expensive. The gent is paid €50,000 per year, works 32 hours per week and 164 days per year. Firing him costs about €466,000 – that’s a  French government estimate…

It is worth reading the article in full, as it makes many other points.  For the pointer I thank Sam Bishop.


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