Gates Foundation to Cut 20% of Staff Amid External Probe into Epstein Ties

The Gates Foundation has initiated an external review of its historical connections to Jeffrey Epstein while simultaneously announcing a significant reduction in its workforce. According to internal memos, the foundation plans to eliminate approximately 500 jobs, representing 20% of its total staff, by the year 2030. CEO Mark Suzman characterized the restructuring as a necessary but difficult step during a challenging period for the organization. To streamline operations, the foundation—which maintains a 2026 budget of approximately $9 billion—intends to cap its operating expenses at $1.25 billion. This internal turmoil comes as co-founder Bill Gates prepares for a June 10 interview with the House Oversight and Government Reform Committee regarding his relationship with Epstein. Gates has previously apologized to staff for the association and admitted to personal affairs that Epstein had become aware of, though he maintains that no illicit activities occurred. The fallout has extended to high-profile associates. Warren Buffett, Chairman of Berkshire Hathaway and a significant donor to the foundation, stated in March that he has not spoken to Gates since the disclosure of Epstein's communications. Buffett indicated a desire to avoid being called as a witness in ongoing inquiries.