A lot of American workers are on short-term contracts, too, for nearly the same reasons.

> Imagine that you are a startup in France, with long-term employees, and suddenly you realize you screwed up, and you have to cut your expenses in half. Today, that means your startup is dead and all employees are screwed, but in the US, your startup continues with a much lower valuation. Which is better for the worker? There is no right answer, but in France, there's a startup-killing answer.

The risk that it will go out of business is part of working for a startup. It doesn't make sense to punish the rest of us to save a handful of startup employees.