In recent weeks, Argentina has been hit by a wave of layoffs and business closures across a wide range of sectors. Economic contraction, rising imports, and a falling domestic market are forcing companies, from manufacturers to tech firms, to downsize their operations and workforce. Victims include both large factories and retail chains. Workers and unions are expressing concern and filing complaints, while businesses attribute their actions to the current market situation. This trend, which began after the October elections, continues to deepen the country's employment crisis.
Recent examples include:
• Whirlpool closed its plant in Pilar, leaving over 200 families jobless. • Yaguar shut down its branch in Bahía Blanca due to falling sales. • Ualá executed over a hundred layoffs as part of a regional restructuring. • Textilana suspended 175 operators in Mar del Plata for four months. • TN Platex reduced operations and laid off 20 workers in Monte Caseros. • Electrolux suspended 400 employees in Rosario due to a lack of activity. • Frávega closed its store in Temperley. • Luxo ceased operations in La Rioja, resulting in layoffs. • Newsan carried out more than 150 layoffs in Tierra del Fuego. • Dana closed its plant in San Luis, firing 50 workers. • La Suipachense was declared bankrupt, leaving its entire workforce unemployed. • Globant, Salesforce, and Tienda Nube were among the tech firms that reduced staff. • Easy closed a branch in the Buenos Aires metropolitan area. • Essen applied 35 layoffs at its plant in Venado Tuerto. • Georgalos announced mass suspensions for 600 workers at its plant in Victoria.
