ICRC Layoffs: Red Cross to cut 1,500 jobs as budget for humanitarian aid shrinks
New Delhi, April 5: In 2023, the layoff season hit the IT world again, with large names like Microsoft and Google laying off people. According to reports, more than 3,400 tech employees are laid off per day on average in January around the world.
The International Committee of the Red Cross has declared that it will lay off approximately 1,5000 employees and reduce activities in some places due to projected reductions in humanitarian relief resources.
According to sources, the organization's governing board authorized cost savings reaching 430 million CHF (roughly $475.30 million) stretched between 2023 and early 2024 last week.
“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,” ICRC stated.
According to the ICRC, many end-of-year donor promises did not materialise "at the level we had anticipated," and costs in the fourth quarter of 2022 were higher than expected.
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- With inputs from agencies