170 The International Committee of the Red Cross said it would cut some 1,5000 jobs and roll back operations in some locations as budgets for humanitarian aid are expected to decrease. The Geneva-based organisation said its governing board last week approved 430 million CHF ($475.30 million) in cost reductions over 2023 and early 2024. “Approximately 1,500 jobs worldwide will have to be cut over the coming 12 months,” ICRC said in a statement on Tuesday. “At least 20 of currently 350 locations around the world will close where, for example, the area can be covered by another ICRC office, or where other humanitarian or development partners can take over. We will also be scaling back and closing some of our programmes. You Might Be Interested In Rethinking Labour Laws: A Post-Brexit Regulatory Rebalance The United Kingdom’s CPTPP accession a boon to Japan McDonald’s to hire 5,000 people, double stores in North, East India Netflix hikes subscription prices amid password crackdown success NatWest and RBS to shut doors on another 19 branches aiBANK Introduces aiPremier Elite: An Exclusive Segment Tailored for High-Net-Worth Clients