Wednesday, December 27, 2023

Argentina's new president Milei lays off 5,000 government employees hired in 2023, before he took office

Good news from the chainsaw man! Let the shock therapy begin and take effect!

Don't cry for Argentina! Make Argentina great again!

"The administration of Argentina’s new President Javier Milei said on Tuesday that his government won’t renew contracts for more than 5,000 employees hired this year before he took office.
The move was part of a sweeping plan of cutbacks and devaluations announced by the ... libertarian since he took office on Dec. 10 to transform Argentina’s struggling economy.
The contracts for other government employees, who were hired prior to 2023, will be reviewed, authorities said. The 2023 cutoff is apparently meant to target the practice of outgoing presidents padding the payrolls in their final year. ..."

Argentina's new president lays off 5,000 government employees hired in 2023, before he took office | AP News

No comments: