Redundancies loom at CAF

Job losses and voluntary severance deals likely, says chief executive

Four employees at the Charities Aid Foundation are likely to be made redundant and about 10 others will receive voluntary severance packages, according to John Low, the organisation's chief executive.

Low said the charity was in the middle of restructuring and that some employees in the marketing and private client division were doing jobs that duplicated the work of others.

"The compulsory redundancies were partly down to planned changes because of this reorganisation, but largely due to the pressure of the economic environment," said Low. "Our voluntary redundancy packages were exclusively cost-saving measures.

"We've also had a number of people volunteer to move into part-time work."

More redundancies were likely in the near future, said Low. CAF was suffering, he said, because it was not receiving as much interest as it used to on money that it held in its accounts before it was transferred to recipients.

"It's unpleasant out there," said Low. "The knocks are big and we're getting buffeted. But CAF is going to be okay."

Three jobs have also been lost in the charity's US division.

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Charities Aid Foundation

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