US EditionGates Foundation says it has opened external review of Epstein ties
The review follows Justice Department and congressional releases showing staff communications with Epstein, and the foundation said it found no financial payments or employment.
- On Tuesday, the Gates Foundation announced an external review of its past engagement with Jeffrey Epstein while planning to eliminate up to 500 jobs by 2030 to cut operating costs.
- Chairman Bill Gates faced mounting scrutiny after the Justice Department released emails showing staff communication with Epstein, prompting the foundation to address these ties publicly.
- Gates Foundation CEO Mark Suzman stated in a staff memo, "This is a challenging time for our organization in many ways, but it also highlights the critical importance of taking the tough actions now." The foundation caps operating expenses at $1.25 billion within its $9 billion budget.
- Berkshire Hathaway Chairman Warren Buffett confirmed he has not spoken to Gates since Epstein documents emerged, while Congress scheduled Gates for a House Oversight and Government Reform Committee interview on June 10.
- Management expects to receive an update on the external review this summer. The foundation previously stated it made no financial payments to Epstein and regrets any employee interaction with the late financier.
59 Articles
59 Articles
Gates Foundation Cuts 20% of Staff, Launches External Review of Bill Gates' Ties to Jeffrey Epstein
The Gates Foundation is planning to reduce its workforce by about 20 percent of its total staff while simultaneously commissioning an outside review of Bill Gates' connections to convicted sex offender Jeffrey Epstein.
Gates Foundation Slashes 500 Jobs as Epstein Ties Face Renewed Scrutiny
The Bill & Melinda Gates Foundation is preparing to cut up to 500 jobs while simultaneously undergoing an external review tied to its past connections with disgraced financier Jeffrey Epstein, raising fresh questions about oversight at one of the world’s most powerful philanthropic organizations. The post Gates Foundation Slashes 500 Jobs as Epstein Ties Face Renewed Scrutiny appeared first on Slay News.
Gates Foundation Probes Epstein Links
The Bill & Melinda Gates Foundation has launched an independent review into its past connections with convicted sex offender Jeffrey Epstein, according to a report by The Wall Street Journal. The foundation said it has commissioned an external investigation to examine earlier engagements with Epstein and review its procedures for vetting partnerships. The Gates Foundation has launched an independent investigation into ties between the philanthro…
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