Catherwood LibraryILR School

Argentinian President Mauricio Macri has made significant promises to the Argentinian people regarding his plans to reform labor laws in order to stimulate the domestic economy. The most surprising aspect of Macri’s proposed reforms are the significant cuts to severance packages which he claims will make investment in Argentinian companies more attractive to businesses around the world. However bold the proposed cuts appear, union leaders have readily agreed with an overwhelming majority of Macri’s plans for Argentinian labor. Jorge Sola, a spokesperson for Argentinian labor unions’ umbrella organization, CGT, claimed that labor leaders are willing and able to discuss the measures proposed by Macri for legal reform; however, Sola emphasizes that the serious severance payment cuts are something they have yet to agree on. While Macri and his political alliance aim to put foreign investment front and center in Argentina’s policies, labor groups are still fighting to protect workers from potentially harmful reforms.