One of the world’s main assist companies, Oxfam International, on Wednesday introduced its “tough decision” to shut its operations in 18 international locations due to the monetary influence of the coronavirus pandemic.
“We’ve been planning this for some time but we are now accelerating key decisions in light of the effects of the global pandemic”, stated Oxfam International’s interim government director Chema Vera.
He added that the adjustments, mixed with additional “phases of transformation in the months ahead”, will lay “the foundation for our future over the coming decade as the longer-term effects of this devastating pandemic become clearer”.
The company presently operates in 66 international locations. The international locations it’s planning to go away embody Afghanistan, Cuba, Egypt, Rwanda and Sri Lanka.
Many of Oxfam’s charity retailers have been closed and a few of its most important fundraising occasions have been cancelled throughout the lockdown restrictions.
The company stated 1,450 out of nearly 5,000 program employees may lose their jobs and that there will probably be an influence on 700 out of its nearly 1,900 companion organisations.
It added, nonetheless, it’s going to proceed to advise native assist companies and will launch fund-raising occasions in these international locations.