ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding

FILE PHOTO: The ICRC flag is seen on the headquarters of the International Committee of the Red Cross (ICRC) in Geneva, Switzerland, June 28, 2022. REUTERS/Denis Balibouse/File Photo

GENEVA (Reuters) - 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.