Argentina: more than 200 businesses have committed to not laying off workers despite the recession

At the start of the week, the government of Mauricio Macri, President since 2015, loudly announced that the country’s big businesses had committed to halting any more redundancies ‘despedidos’ for a minimum of three months, whilst a draft law supported by the unions seeking to ban redundancies for 180 days is currently being debated in parliament.
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“We entrepreneurs, as the engine for jobs and production wish to commit to maintaining our staffing levels for the next ninety days in a bid to push forward investment plans that create jobs, and to work with the government and unions in setting up a schedule for us to contribute to developing the country and improve the quality of work on a sector by sector basis,” stated the text signed by the country’s big business names. “The agreement also includes international businesses and we expect up to a total of 2,000 companies to participate overall,” forecast the Labor Minister without stating the actual number of signatories to the agreement.

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