George Soros’ Open Society Foundation is going through its second restructuring in three years, cutting staff by 40%. It might not be good news. They are moving to make their funds more meaningful.
According to internal emails seen by Bloomberg, the foundation’s African operations will shutter half a dozen offices on the continent. Additionally, it was revealed that the Baltimore and Barcelona locations will also be closing down.
I wonder if China is squeezing them out. They’re very active in Africa.
Binaifer Nowrojee, OSF’s vice president of programs, stated that due to the board’s decision to cut staff by more than 40%, the foundation’s “staffing size and footprint by necessity needs to diminish.”
The cutbacks are substantial and affect critical locations, including Addis Ababa, Ethiopia; Kampala, Uganda; Cape Town, South Africa; Kinshasa, Democratic Republic of the Congo; Abuja, Nigeria; and Freetown, Sierra Leone.
Offices in Nairobi, Kenya; Dakar, Senegal; and Johannesburg, South Africa, will remain operational.
His “charity” exists to fund far-left causes, mostly political in nature, in an effort to transform the countries the “charity” is in.
For example, he has given at least $33 million to Black Lives Matter, a violent communist organization. He also funds political races, including district attorney races, to fundamentally change the country and the justice system.
OSF President Mark Malloch-Brown said in an interview last month that many of the cuts had to do with a greater focus on assessing the impacts grants make, as opposed to robust “due diligence” on the front end before deciding which grants to make.
In other words, leaner and meaner.
George Soros’s network of evil Foundations has $25 billion in assets.