Venezuelan President Nicolas Maduro decreed a series of new laws Tuesday, including job protection for workers across the country through to 2018. The employment decree states that for three years a worker cannot be terminated without just cause.
Following the Dec. 6 legislative elections, leading members of the Democratic Unity Roundtable, or MUD coalition, signaled their intention to engage in mass layoffs once they take their posts on Jan. 5.
Among the other decrees approved by the Venezuelan leader include a law aimed at increasing the authority of grassroots decision making bodies created as part of the government’s efforts to delegate power more directly to Venezuelans.
[read more here]