Bowel Cancer UK has begun a consultation that could result in 40 per cent of its staff being made redundant.
The charity, which has 62 staff, said in a statement that it was having to make cost-saving measures because of an estimated £1.5m shortfall in income for 2020, equivalent to a 40 per cent drop against its £4.2m budget.
It said it had begun a 30-day consultation with staff on measures to reduce the workforce after carrying out a strategic review to focus resources on where they could have the greatest impact over the next three years.
Up to 24 positions could be made redundant.
It said it had put more than 50 per cent of staff on furlough when the Covid-19 pandemic first hit but was having to take more drastic measures.
Income levels could take up to five years to recover to pre-pandemic levels, the charity warned.
Bowel Cancer UK employs staff at its head office in London plus office-based staff in Edinburgh and Cardiff and home-based workers in Northern Ireland.
Genevieve Edwards, chief executive of Bowel Cancer UK, said: “We’re a small yet vital charity supporting thousands of people affected by bowel cancer, and we have lost around 40 per cent of our income practically overnight.
“We moved swiftly at the start of the pandemic to safeguard our charity and, despite the challenges, have remained focused on meeting the needs of people with bowel cancer throughout.
“I’m so proud of how we’ve been able to pivot our services quickly and innovate in difficult circumstances to make a real difference to people when they need us most.
“But with a huge drop in income, and no other government assistance, we’re now sadly in a position where we have no choice but to make permanent cuts to our staff base, which is devastating for everyone at the charity and the bowel cancer community.”
Bowel Cancer UK merged with Beating Bowel Cancer in 2018.