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flag The Gates Foundation is launching a $9 billion budget in 2026, cutting 500 jobs by 2030 to stay under 14% operating costs while focusing on global health and education ahead of its 2045 closure.

flag The Gates Foundation is launching a record $9 billion budget for 2026, its largest ever, while planning to cut up to 500 staff positions—about 21% of its workforce—by 2030 to keep operating costs below 14% of its budget. flag This follows its 2025 announcement to close by 2045 after distributing most of its wealth. flag The foundation is focusing funding on global health, maternal and child health, infectious disease prevention, vaccine development, polio eradication, AI for public good, and U.S. education. flag Staff reductions will be phased in gradually and reviewed annually. flag The moves come amid rising global health challenges, including a 2025 increase in child deaths, and declining international aid, prompting a strategic push to maximize impact in its final decades.

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