# The Gates Foundation will eliminate up to 500 jobs by 2030, The Wall Street Journal reports.

*business · news · 2026-04-21 · CNBC*

## Key points

- The Gates Foundation has initiated an external review of its historical ties to Jeffrey Epstein.
- The foundation plans to cut up to 500 jobs, or about 20% of staff, by 2030.
- Operating expenses will be capped at $1.25 billion, despite a 2026 budget of $9 billion.
- Bill Gates is scheduled for a June 10 interview by Congress regarding his connection to Epstein.

**Companies:** Gates Foundation, Microsoft, Berkshire Hathaway
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/21/gates-foundation-jeffrey-epstein-jobs-cuts.html)

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