I don't think Ericsson, Alcatel, Siemens, Nokia, etc failed due to EU regulations, though.
And regarding those protections, they're there for a reason and in terms of hardware it truly is a race to the bottom, hardware is only made in low cost of living places because workers can be abused at will.
For software I'd argue that it was the unified market in the US (and now China) that's the real deal breaker.
I realize that they’re for a reason. But if I know it’s harder to lay someone off of the business climate changes, I’m going to be a lot less likely to hire a lot of people.
I would much rather get an offer for $250K a year, get laid off in two years than not be able to get a job or even get a job for $100K a year and have job security.
And regarding those protections, they're there for a reason and in terms of hardware it truly is a race to the bottom, hardware is only made in low cost of living places because workers can be abused at will.
For software I'd argue that it was the unified market in the US (and now China) that's the real deal breaker.
Plus VC capital, but I think that's changing.