Milei to Cut 70,000 State Jobs, Boasting of Chainsaw Austerity

Argentine President Javier Milei plans to fire 70,000 government workers in the coming months in one of the clearest signs yet of how the libertarian’s chainsaw-style approach intends to slash the swollen state.

Beyond the job cuts, Milei boasted Tuesday at an event that he’s frozen public works, cut off some funding to provincial governments and terminated more than 200,000 social welfare plans, which he labeled as corrupt. It’s all part of his strategy to reach a fiscal balance at any cost this year.