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.
“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 said several end-of-year pledges by donors had not come through “at the level we had anticipated” and that costs had been higher than planned in the last quarter of 2022.
Established in 1863, ICRC provides humanitarian aid to victims of armed conflicts.
($1 = 0.9047 Swiss francs)
16th October 2026
Truck drivers in Sicily halted their vehicles at ports and company yards to protest soaring fuel costs, part of a wave of demonstrations that also disrupted traffic in Calabria, Basilica...
16th October 2026
Air traffic across Italy was heavily disrupted Friday by a data-transmission network failure supporting air traffic control, delaying and cancelling flights, including services run by Ry...
16th October 2026
Updated 1140
Abela Pushes for Strong EU Funding as Leaders Tackle Budget and Energy Costs: Prime Minister Robert Abela joined European leaders in Brussels for a two-day European Counc...
15th October 2026
Morning Briefing
Malta sees seasonal rise in flu-like illness as flu season begins
Malta is seeing an upward trend in influenza-like illness as flu season begins, although activit...
25th June 2026
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
10th June 2026
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
16th October 2026
Fast-food chain KFC signed Coca-Cola as its beverage partner for US stores, bringing to a close a relationship with PepsiCo that dates back about four decades.
The loss of the beverag...
15th October 2026
When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2 million barrels of crude, the journey will cost $81 million. The sam...
11th October 2026
What began last year as a blood donation initiative involving six companies is expanding into a broader corporate effort, with three additional companies joining this...
10th October 2026
Artificial intelligence is rapidly moving up the boardroom agenda, raising an important question for non-executive directors: are boards equipped to oversee the transformation AI is brin...
15th October 2026
GO has partnered with workforce management platform Talexio to introduce human resources and payroll tools into its Business Plus proposition, marking a further step in the telecoms grou...
14th October 2026
GO plc, has released the Q2 2026 edition of GO Trends, its data intelligence report on how international visitors move around the Maltese islands. Building on the full-year 2025 report p...
3rd September 2026
Fears of renewed escalation gripped the Middle East on Wednesday after the United States and Iran exchanged their biggest barrage since July, with Washington striking Iran's southern co...
4th August 2026
President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening ship...
25th June 2026
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
25th February 2026
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
15th October 2026
Ukraine said Thursday it struck a Russian oil refinery and damaged six Russian warplanes at an airfield, resuming attacks on Russian energy infrastructure after President Volodymyr Zelen...
14th October 2026
Ukrainian drones hit Russia's biggest data centre, owned by the country's largest bank and technology company, Sberbank, but did not disrupt its operations, a senior company executive ...