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Argentina's Milei cut more than 63,000 public sector jobs in two years, new report says
President of Argentina Javier Milei speaks during the Annual Meeting of the World Economic Forum in Davos, Switzerland, January 21, 2026

ARGENTINA’S far-right President Javier Milei has cut more than 63,000 public-sector jobs since coming to power two years ago, it was reported on Monday.

The structural adjustment programme put in place by Mr Milei between December 2023 and December 2025 slashed 63,234 public-sector jobs, according to the Centre for Political Economy of Argentina (Cepa).

A report by the organisation said the cuts of 18.4 per cent amounted to almost 80 jobs lost per day.

Director Heran Letcher described the cuts “as the deepest in recent decades.”

According to Cepa, the cuts mainly targeted three main areas.

Decentralised agencies registered 20,537 job cuts, around 15 per cent of their total workforce. This sector includes institutions linked to strategic services, economic regulation and social policies.

The National Executive Power was cut by a massive 30.2 per cent, with some 16,918 jobs axed, and decentralised central government bodies lost nearly 13 per cent, equating to 3,199 jobs.

Mr Milei cut national structures of the state by 22,000 jobs, marking a 7.2 per cent reduction.

In addition to direct public-sector cuts, Argentina’s Institute of Statistics and Censuses (Indec) reported a huge cut in the workforce of state-owned companies and corporations in sectors such as transport, energy, public services, media and public banking.

In the year to last December, some 7,170 jobs were cut — a rate of 7.4 per cent.

Mr Milei’s administration has prioritised the reduction of public spending, shrinking the state and the so-called liberalisation of the Argentinian economy.

The president promised to carry out these cuts to secure financial support from the US government and bodies such as the World Bank and the International Monetary Fund.

Observers have warned that the cuts directly affect the operational capacity of the state and the provision of public services, as well as adding to rising unemployment and growing poverty across Argentina.

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