UN May Cut Nearly 7,000 Jobs Amid Financial Crisis: Report

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The directive, which asks staff to detail cuts by June 13, comes amid a financial crisis triggered in part by the United States, which annually funds nearly a quarter of the world body.

United Nations:

The United Nations Secretariat is preparing to cut its $3.7 billion budget by 20% and slash about 6,900 jobs, according to an internal memo seen by Reuters.

The directive, which asks staff to detail cuts by June 13, comes amid a financial crisis triggered in part by the United States, which annually funds nearly a quarter of the world body.

In addition to U.S. foreign aid cuts under President Donald Trump that have gutted U.N. humanitarian agencies, the U.S. owes - for arrears and the current fiscal year - nearly $1.5 billion.

The memo's author, U.N. Controller Chandramouli Ramanathan, did not cite the U.S. failure to pay. He noted that the cuts are part of a review launched in March dubbed "UN80."

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