Ad
News   |  

FINALLY, SOME GOOD NEWS: George Soros Closes Offices, Cuts Staff

By Eric Bolling Staff

(Photo by FABRICE COFFRINI/AFP via Getty Images)

According to a Newsmax report, leftist billionaire donor George Soros is making some cuts to his global network of foundations.

From Newsmax:

Ad

Bloomberg reported that employees of the Open Society Foundations’ Africa operations received written notice last week outlining the next steps of the process, which had been announced in June.

Those steps include closing half a dozen offices in Africa in addition to its Baltimore and Barcelona locations, according to a copy of the emails obtained by Bloomberg. The moves will result in a reduction of more than 40% of its workforce.

“With the decision by the board in June to cut the staff by more than 40%, our staffing size and footprint by necessity needs to diminish,” Binaifer Nowrojee, OSF’s vice president of programs, said in one of the emails. “We no longer have the bandwidth to operate multiple small offices, and thus the decision to further reduce our locations.”

Soros has donated more than $32 billion to humanitarian causes, and initiatives involving criminal justice reform and addressing climate change.



Ad