Soros announces major job cuts ...News

The global charity run by the billionaire will cut at least 40% of its staff The non-profit organization Open Society Foundations run by billionaire and philanthropist George Soros is laying off many of its staffers as part of the ongoing reorganization.  The process includes “a substantial reduction in headcount of no less than 40% globally,” a spokesperson told US news agencies. The charity employed more than 500 people as of the end of 2021, according to Bloomberg. On Friday, the nonprofit’s board of directors released a statement, announcing “significant changes” to the operating model “intended to maximize Op

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