New wave of shutdowns and layoffs puts Argentine industry on alert

[Pink Panther]

Not sure if anyone posted this yet. Dismal news.

The country's manufacturing sector is facing a crisis that some are calling the worst in its history​

New wave of shutdowns and layoffs puts Argentine industry on alert - Buenos Aires Herald

The country's manufacturing sector is facing a crisis that some are calling the worst in its history

buenosairesherald.com

 

[Uncle Wong]

What is scary is the manufacturing sector accounts for the largest amount of employees in Argentina. This sounds like the tip of the iceberg for layoffs with all the cheap Chinese imports coming in.

 

[crypto]

Ouch. Sounds like more layoffs coming.