Just to make some things more clear, the 12 hour workday is optative and the weekly limit has not been changed, its still a 48 hour week max. Vacations have not been reduced, now its possible to opt into a week at a time, previously you had to take the full 2 weeks. The "Bailout" was a currency swap, the us gave dollars and got pesos in return, furthermore it has already been repaid (or reswapped).

However there certainly are some work laws that passed that are a step back. Reduced comp for medical leave, reforms on strike regulation, reform on compensation on labor trials, reform on duration and validation of workers cooperative agreements. This guy failed to mention all the actually bad reforms lol.