France: Collective mutually agreed terminations: the brand new product from the Macron reform
One of the five Macron ordinances published at the end of September defines a new autonomous regime of collective termination of employment contracts: collective mutually agreed terminations. The company may negotiate with the unions a collective agreement providing for redundancies that are not subject to the economic lay off procedure and without having to justify an economic reason. The agreement must provide compensation to employees and must be validated by the administration. The various phases and obligations of a standard collective redundancy procedure (obligation of reclassification, safeguarding plan) do not apply. Staff representatives are informed of the agreement and consulted when monitoring its implementation.