Today: November 28, 2024
April 5, 2023
1 min read

Not even the Red Cross was saved from layoffs: they will cut 1,500 jobs

Not even the Red Cross was saved from layoffs: they will cut 1,500 jobs

The International Committee of the Red Cross (ICRC) announced, this Tuesday, April 4, that will have to cut about 1,500 jobs in the next 12 months to drastically reduce your expenses due to lack of funds.

(See: Amazon continues with its policy of cuts: it will eliminate 9,000 more jobs).

In the next 12 months, approximately 1,500 jobs will have to be cut in the worldThe Geneva-based ICRC said in a statement.

The board of directors approved a rcost reduction of 430 million Swiss francs (equivalent to about 430 million euros or 475 million dollars) for 2023 and early 2024.

(See: Ford will cut 3,800 jobs, 11% of its workforce in Europe).

The organization will seek to minimize the number of people affected when making new hires and betting on voluntary departures.

The ICRC, one of the most important humanitarian organizations in the world, had launched a call for obtain donations worth 2.8 billion francs.

(See: Dismissals with or without just cause: the key differences).

But it was forced to cut its budget downward, to 2 billion francs, and points out that it started 2023 with a deficit of about 140 million.

The ICRC is facing a reduction of donations for the large amount of money kyiv’s allied countries spend to help Ukraine repel Russia.

This year, we face simultaneous challenges“, the organization explained, citing pledges of donations that did not reach the expected level and a rise in prices that was also higher than forecast.

As budgets for humanitarian aid abroad are expected to shrink over the next two years, the ICRC will need to focus its efforts on the programs and places where we can have the greatest impact.“, underlines the statement of the organization.

(See: He was fired? Know what your rights are as a worker).

At least 20 of the 350 places currently run by the ICRC around the world will close, “For example, where the area can be covered by another ICRC office or where other humanitarian or development partners can take over,” he said.

We will also reduce and close some of our programs“added the ICRC, without elaborating.

(See: The keys to the wave of layoffs in technology giants).

AFP

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

OnCubaNews
Previous Story

Trump surrenders in Manhattan courthouse

Next Story

Chile, the panic country

Latest from Blog

Go toTop