Oxfam GB has said it has taken the “difficult decision” to put 265 staff at risk of redundancy.
In a statement it said income from retail and fundraising had been impacted by the state of the economy and inflation and increased National Insurance contributions were increasing its costs.
The Oxford-based charity said the move would save £10.2 million on the current financial year salary costs of £78.2m.
Oxfam said it will now enter a consultation process with staff and trade union representatives.