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Milei's 'Deep Chainsaw' Trims Thousands of Jobs in Argentina

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Deep Chainsaw, the name given to President Milei’s plan to trim the bureaucratic excesses in state institutions, recently reached a milestone in savings for the country. Milei celebrated that the program eliminated over 33,000 job positions. Argentina’s Minister of State Transformation and Deregulation, Federico Sturzenegger, had reported this previously, stating that “the only sustainable way to reduce the tax burden is by reducing public spending. President Javier Milei’s entire team is working towards this.” In addition, over 10,000 might reach retirement status before 2025, and 40,000 temporary contracts are poised to end this year. Milei’s anti-bureaucracy operation has affected essential institutions, including the national coin house and the state’s tax enforcer, with more state companies open to privatization.

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Milei's 'Deep Chainsaw' Trims Thousands of Jobs in Argentina
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