Categories: Top Stories

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.

The News Vista

Share
Published by
The News Vista

Recent Posts

IPL: Pant’s misery deepens as LSG suffer shocking 40-run defeat to RR

Lucknow Super Giants suffered a shocking 40-run defeat to Rajasthan Royals after collapsing to 119…

2 hours ago

Cumulative seizures of potential poll inducements in West Bengal, Tamil Nadu touches Rs 1,072 crore

Of the total 127.7-crore cash seizures, over 100 crore crore were in Tamil Nadu and…

2 hours ago

‘PSL things in IPL!’ Social media erupts after Rishabh Pant’s costly error

Lucknow Super Giants' disciplined bowling was marred by a chaotic run-out attempt involving Rishabh Pant.…

3 hours ago