GeriWeeks after Bill Gates’ plan to shut Gates Foundation; CEO sends layoff memo to staff

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Times of India22.04.2026GeneralIndia

Weeks after Bill Gates’ plan to shut Gates Foundation; CEO sends layoff memo to staff

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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.

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