Argentina forbids job firings for 60 days amid economic struggles

Argentine President Alberto Fernández instituted, on April 1, an executive order forbidding the “firing of workers with no proper justification” for a 60-day period.
The measure was taken after the Italo-Argentine company Techint decided to lay off 1,450 employees as part of its cost-cutting strategy amid the pandemic economic crisis.
The executive order will provide short-term job security for workers following the mandatory lockdown guidelines instituted by the federal government. On Sunday, Fernández extended by two weeks the lockdown that will now run until Easter, April 12.
Argentina was the first South American country to shut down its borders and enter a nationwide lockdown in mid-March. The country was then widely followed by its South American counterparts in a matter of days.
So far, other South American countries such as Brazil and Chile have approved less incisive measures to prevent massive layoffs of workers by providing economic assistance to companies and cutting down on interest rates.