Massive layoffs due to privatization in Huancavelica mining centers
Privatization process of mining centers in Huancavelica started in 1993, resulting in massive layoffs of workers, drastically reducing the labor force in mines such as Caudalosa Grande.
Beginning in 1993, the mining centers of Huancavelica entered into a privatization process similar to that which occurred in the mining centers of Pasco and Junín. This process resulted in massive layoffs of mine workers, many of them considered arbitrary by those affected. One specific testimony mentions that at Caudalosa Grande there were 1500 workers in 1980, but by the year 2000 only 100 workers remained, which demonstrates the magnitude of the layoffs. Former workers expressed that these dismissals were particularly painful and in many cases unjustified.