On December 20, newly elected Argentine President Javier Milei issued an executive order (Decreto de Necesidad y Urgencia No. 70/2023 (the ‘DNU’) to swiftly introduce free-market reforms.
Milei’s rhetoric and action feels like a throwback to Ayn Rand and the libertarian crusade. Among the most controversial of these reforms are those aimed at the workplace.
The DNU, as a whole, is subject to congressional review. Specific aspects of the DNU, including the labor reforms will, undoubtedly, come under judicial scrutiny. In the meantime, the DNU is the law of the land.
For an understanding of the DNU and its scope, click here:
The following paragraphs summarize the most relevant changes to Argentina’s employment laws. If they hold, in the process reversing 70 years of protectionist legislation and regulation, the world may very well look at Javier Milei as the 21st Century John Galt.
Registration of Employment
Argentine employment law levies severe penalties on an employer who fails to… Read more
