In Cuba, Reforms Mean Layoffs

Communist Cuba is laying off hundreds of thousands of public employees as part of a move to reform one of the two surviving Soviet-style command economies. To absorb those let go, the Caribbean island's government plans to issue hundreds of thousands of new licenses to those interested in working on their own or mounting small businesses, lease operations such as taxi services or barber shops, and will turn some small state services and manufacturing into cooperatives. The official trade union...Full Story
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