The Presidential Daily Brief


  1. An August day in southwestern France

    French Firms Try to Shorten Les Vacances

    They’ve been saying “oui” to a 35-hour work week since 1998, with employees enjoying 27 vacation days a year. Originally meant to reduce unemployment, those standards are now under fire, with some companies wanting to lay off that brand of socialism. At energy giant EDF — where overtaxed staff work 39.5 hours, netting an extra 23 days for a whopping 10 weeks of annual leave — bosses are now dangling bonuses as incentives to scale back to just seven weeks in order to compete with the rest of the working world.

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