Weeks after Bill Gates’ plan to shut Gates Foundation; CEO sends layoff memo to staff
•The Bill & Melinda Gates Foundation is preparing to lay off up to 500 employees, approximately 20% of its workforce, as part of a cost-control effort.
•This move aligns with the foundation's plan to wind down by 2045 and aims to cap operating expenses at $1.25 billion while increasing program spending to a record $9 billion in 2026.
هذا الخبر من Times of India. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
The Bill & Melinda Gates Foundation is preparing to lay off up to 500 employees, approximately 20% of its workforce, as part of a cost-control effort. This move aligns with the foundation's plan to wind down by 2045 and aims to cap operating expenses at $1.25 billion while increasing program spending to a record $9 billion in 2026.المصدر: Times of India | Source: Times of India
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This article was originally published by Times of India. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
