A one-time Citibank employee who earned a $130k salary working in New York stands to collect a $10m severance award, thanks to Argentina’s pro-labor laws.
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Milei targets labor law that’s set to hand banker $10m severance
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"The World Economic Forum ranked Argentina 139th out of 141 nations on hiring and firing practices, reflecting the country’s prohibitive severance costs and high payroll taxes. Workers’ rights are enshrined in the constitution, and aggrieved employees don’t hesitate to seek redress through the courts, where they’re likely to find sympathetic judges."
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