Argentina’s new president, Javier Milei, has revealed plans to lay off an estimated 5,000 state employees hired this year before he took office, as part of wider efforts to slash government spending amid the backdrop of the country’s troubled economy.
Mr. Milei, an economist, signed a decree on Dec. 26 stating that his government won’t renew contracts for the thousands of government workers hired since Jan. 1, according to reports.
