Wednesday, May 15, 2024
English English French Spanish Italian Korean Japanese Russian Hindi Chinese (Simplified)

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.

Subscribe

* indicates required

The Enterprise is an online business news portal that offers extensive reportage of corporate, economic, financial, market, and technology news from around the world. Visit to explore daily national, international & business news, track market movements, and read succinct coverage of significant events. The Enterprise is also your reach vehicle to connect with, and read about senior business executives.

Address: 150th Ct NE, Redmond, WA 98052-4166

©2024 The Enterprise – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept