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Gates Foundation Cuts 500 Jobs

Gates Foundation Cuts 500 Jobs

The job cuts represent approximately 20% of the foundation's total staff and were detailed in a memo from CEO Mark Suzman.

The organization stated the restructuring is necessary to ensure long-term sustainability and focus on core global health initiatives.

The external review of Epstein ties follows the release of internal files involving Bill Gates and former advisors.

Suzman emphasized that an update on the review's findings is expected later this summer.

Gates Foundation Adbar, CC BY-SA 3.0
Gates Foundation
Private foundation founded by Bill and Melinda Gates
Jeffrey Epstein
American financier and sex offender (1953–2019)
Bill Gates
American businessman, investor, and philanthropist (born 1955)
Mark Suzman
CEO & Board Member - Bill & Melinda Gates Foundation