French Banks Lobby for Lower Severance Costs

In France, a group representing financial companies wants the government to make it cheaper to fire important employees like traders.

They want to cut the maximum salary used to figure out how much severance pay those employees get.

This is because France is trying to become a big financial center, and these companies want the rules to be similar to those in the UK, where it's easier to manage staff costs.

They're also asking to change some rules about overtime.

Some companies are worried about the French economy, but the group hopes these changes will make Paris more attractive for businesses and workers.