THE HR BREAKDOWN

Red Cross to shed 2,900 jobs

The International Committee of the Red Cross (ICRC) has announced a 17% budget cut for 2026 that will result in nearly 3,000 job losses, as dwindling donor funding forces the organization to make drastic changes. ICRC President Mirjana Spoljaric said: “The financial reality is forcing us to make difficult decisions to ensure we can continue to deliver critical humanitarian assistance.” The cuts come amid escalating global conflicts and a significant international aid funding crisis. In light of its shrinking budget, ICRC said it would need to prioritize safeguarding its presence in the most critical conflict zones, including Sudan Israel and the occupied Palestinian territories, Ukraine and the Democratic Republic of Congo.