George Soros’ foundation, which is now controlled by the billionaire activist’s son, plans to cut 40 percent of its workforce, according to reports and a statement from the Open Society Foundations (OSF)
The board of directors of OSF, which George Soros founded in 1979 and personally led until about a month ago, has approved “significant changes” to the organization’s operating model that require “difficult decisions” and will make the foundation “nimbler,” The Epoch Times has learned. “The changes are intended to maximize Open Society’s impact in helping to counter the forces currently threatening open and free societies,” said a joint statement released Friday by George Soros’ son and OSF chair, Alexander Soros, and the organization’s president, Mark Malloch-Brown.
While OSF did not immediately respond to a request from The Epoch Times for more details, a spokesperson confirmed to CNN that the “difficult decisions” are job cuts amounting to at least 40 […]
Excerpt Sourced From: basedunderground.com
