Ecuador Fires 5,000 Public Workers Amid Pressure to Cut Spending

Ecuador’s State Shrink: 5,000 Public Jobs Cut in Drive to Ease Fiscal Pain

The Ecuadorian government confirmed the dismissal of 5,000 public workers and merged several ministries as a way to cut costs and manage its worsening financial position. President Daniel Noboa’s administration announced that the number of ministries would drop from 20 to 14, cutting 41% of executive offices. Secretariats were also reduced by two-thirds. Only administrative […]

Ecuador: Noboa lays off 5,000 civil servants

Ecuadorean President Daniel Noboa decreed a significant restructuring of his government, reducing the number of ministries from 20 to 14 and secretariats from 9 to 3. This move also includes the dismissal of 5,000 civil servants to boost efficiency through deficit reduction, to meet International Monetary Fund (IMF) targets.

Ecuador Fires 5,000 Public Workers Amid Pressure to Cut Spending

Ecuador’s government is firing 5,000 civil servants and cutting down the number of ministries and related public offices by about 40% as President Daniel Noboa struggles to balance the nation’s budget.