Red Cross to shed nearly 3,000 jobs, scale back budget amid donor fatigue

GENEVA, Nov 21 (Reuters) – The International Committee of the Red Cross will reduce its 2026 budget by nearly a fifth to 1.8 billion Swiss francs ($2.2 billion) and cut 2,900 jobs, it said in a statement on Friday, as its top donor the United States and others pare back support.

Aid budgets face a huge shortfall as donors shift their focus towards defence, forcing humanitarians to make difficult decisions about whom to help amid multiple conflicts and record displacement.