Mark Zuckerberg’s charity organisation is cutting jobs and the reason is linked to Bill Gates’ Gates Foundation that is shutting down in …
The Chan Zuckerberg Initiative (CZI) – the philanthropy organisation founded by Meta founder Mark Zuckerberg and his wife Prisicila Chan has cut roughly 8% of its workforce, reports Fortune. The job cut, impacting around 70 employees, comes as the company plans to expand its biomedical and science focus through Biohub. The move “underscores how big donors are racing to back science-heavy, tech-centric projects such as peers like the Gates Foundation,” the report said. For those unaware, Gates Foundation was founded by Microsoft co-founder Bill Gates and his ex-wife Melinda French Gates. The foundation, which plans to shut down in 2045, has announced to donate a whopping $9 billion in 2026 alone “primarily focused on health care and disease research.”
