“ The shock will be felt in six to nine months’ time “, warned a company director at the Rencontre des entrepreneurs de France organized by Medef at the end of August. The 2024 edition of the big bosses’ gathering was marked by concern about the economic consequences of the political stalemate triggered by the French election. dissolution of the National Assembly. Almost three months later, it seems that business leaders were not playing the Cassandra, as social plans and factory closures cascade across France.

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Faced with the looming tax shock, companies are already cutting back in France

Agri-food giant Bonduelle abandons its bagged salad business in Saint-Mihiel, two sites in Michelin will be closing its doors in France, and more than 2,389 jobs will be cut at AuchanThe closure of three Valeo sites is threatening 1,000 jobs in France, and thousands of small construction firms are struggling to cope with the crisis in the sector… Week after week…