Gates Foundation plans to cut up to 500 jobs while undergoing review of Jeffrey Epstein ties

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Billionaire Bill Gates addressed mentions of himself in the Epstein files during an interview with 9News Australia and said he was ‘foolish’ to have ever spent time with Jeffrey Epstein. The Gates Foundation plans to cut up to 500 jobs, or about 20% of its staff, in the coming years as part of a long-term restructuring as the foundation also undergoes an external review of its ties to late financier Jeffrey Epstein. Following a Wall Street Journal report that a memo was sent to employees Tuesday, a Gates Foundation spokesperson told Fox News Digital the review was first announced in a foundation-wide email last month and was agreed upon by the board and Bill Gates. The foundation did not indicate whether the planned job cuts are tied to the review. The job cuts were disclosed earlier this year as part of the foundation’s budget planning. The review,