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Article: American Red Cross braces for huge staff cutbacks at national headquarters amid cash shortage
- Article from:
- AP Worldstream
- Article date:
- February 1, 2008
- Author:
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The American Red Cross is cutting a third of the 3,000 jobs at its national headquarters in an overhaul intended to eliminate a $200 million (euro134 million) deficit within two years.
The budget crisis is the latest blow to the 126-year-old Red Cross, America's foremost disaster-response organization, which was criticized for its handling of donations contributed after the Sept. 11 attacks and for an inconsistent response to Hurricane Katrina in 2005.
The charity's board of governors gave general approval to the cutbacks in January, and details of department-by-department layoffs will be presented to the board later this month, chief public affairs officer Suzy DeFrancis ...