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The Namibian -·3 min read·medium

One Economy Foundation cuts 12 jobs following funding reduction

M
Mitchelin Kangootui
One Economy Foundation cuts 12 jobs following funding reduction
AI Summary

The One Economy Foundation has laid off 12 permanent staff members following a 25% reduction in its operating budget due to decreased donor funding. The organization stated that the restructuring is necessary to preserve core services for youth and entrepreneurship programs.

The One Economy Foundation has reduced its permanent workforce by 12 employees following a 25% cut to its operating budget after one of its largest donors reduced its funding.

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