According to Bloomberg report, Argentina's President Javier Milli has expressed his intention to fire 70,000 government employees in the coming months.
However, the planned layoffs represent a small portion of Argentina's 3.5 million public sector workers. Miley may face opposition from major labor unions.
70,000 contracts of state employees will expire soon
Argentina's President Javier Meli told a conference organized by the International Economic Forum of the Americas (IEFA) in Buenos Aires on Tuesday that the contracts of 70,000 state workers are about to expire amid a general wave of layoffs.
Earlier on Tuesday, the Association of State Workers (ATE), one of the unions representing public employees, held protests in various cities against the general wave of layoffs.
70,000 employees in this sector
Piccirillo said that the 70,000 employees whose employment contracts will expire belong to all the country's state institutions: the Ministry of Human Capital, Science and Economy, the Social Security Agency, the Energy Secretariat.