Argentina

Katarina Hall | 6.6.2024 2:11 PM

Argentine President Javier Milei on Wednesday announced the layoff of an additional 50,000 state employees, advancing his effort to "reduce the state in half." The move comes as part of the president's ongoing strategy to cut public spending and reduce the national deficit.

This latest round of cuts follows a March announcement in which Milei proposed slashing 70,000 jobs from Argentina's public sector work force, which employs approximately 3.5 million........

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