{"id":1962225,"date":"2023-07-01T12:03:05","date_gmt":"2023-07-01T16:03:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/soros-charity-to-slash-workforce-by-40-percent\/"},"modified":"2023-07-01T12:04:00","modified_gmt":"2023-07-01T16:04:00","slug":"soros-charity-to-slash-workforce-by-40-percent","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/soros-charity-to-slash-workforce-by-40-percent\/","title":{"rendered":"Soros Charity to Cut Staff by 40%"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsoros-charity-to-slash-workforce-by-40-percent%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1962225&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><section id=\"article\">\n<article data-post-title=\"Soros Charity to Slash Workforce By 40 Percent\" data-post-slug=\"http:\/\/joe-biden-wants-to-crack-down-on-privilege-in-education-he-called-upenns-president-to-get-his-granddaughter-in\" data-post-url id=\"print-1761918\">\n<div>\n<p><h2>Layoffs come as George Soros prepares to hand power to his playboy son, Alex<\/h2>\n<\/p>\n<figure><figcaption>\n          George and Alex Soros (Twitter).<br \/>\n        <\/figcaption><\/figure>\n<\/p><\/div>\n<div>\n<p>A charity run by the progressive billionaire George Soros is slashing its workforce by 40 percent as the Democratic megadonor hands the wheel to his 37-year-old playboy son.<\/p>\n<div>\n<p>\n          <a href=\"https:\/\/winred.tomcotton.com\/tom-cotton\/defend-scotus-ads-beacon?utm_source=rc&#038;utm_medium=beaconads&#038;utm_campaign=2023maybeaconscotus\" target=\"_blank\" rel=\"noopener\"><\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/winred.tomcotton.com\/tom-cotton\/defend-scotus-ads-beacon?utm_source=rc&#038;utm_medium=beaconads&#038;utm_campaign=2023maybeaconscotus\" target=\"_blank\" rel=\"noopener\"><\/a>\n        <\/p>\n<\/p><\/div>\n<p>Open Society Foundations announced it will make a &#8220;substantial reduction in headcount&#8221; in the coming months, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-30\/soros-foundations-to-cut-40-of-staff-after-handover-to-son\" target=\"_blank\" rel=\"noopener\">according to<\/a><em><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-30\/soros-foundations-to-cut-40-of-staff-after-handover-to-son\"> Bloomberg News<\/a><\/em>. The charity, which Soros has funded to the tune of $30 billion, acknowledged the layoffs were a &#8220;difficult decision,&#8221; but claimed it will emerge a &#8220;nimbler&#8221; organization. Open Society offered resources to employees to cope with the coming layoffs, including a &#8220;Well-being in Uncertain Times&#8221; workshop, and the opportunity to meet with a &#8220;People and Culture Advisory Partner.&#8221;<\/p>\n<p>The changes come as George Soros, 92, has <a href=\"https:\/\/freebeacon.com\/democrats\/heres-what-we-know-about-alex-soros-progressive-scion-taking-over-his-fathers-political-empire\/\" target=\"_blank\" rel=\"noopener\">ceded control<\/a> of Open Society to his son, Alex, who was until recently <a href=\"https:\/\/nypost.com\/2016\/09\/04\/the-least-likely-playboy-in-the-hamptons\/\" target=\"_blank\" rel=\"noopener\">best known<\/a> for hosting NBA athletes and supermodels at luxury parties in the Hamptons.<\/p>\n<p>It also portends a rocky road for one of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chuck-schumer-quietly-shutting-down-alexandria-ocasio-cortez-primary-challenge\/\" title=\"Chuck Schumer Quietly Shutting Down Alexandria Ocasio-Cortez Primary Challenge\">progressive movement\u2019<\/a>s most prominent charities. Open Society, which awarded $325 million in grants in 2021, sponsors a number of left-wing causes in the United States and across the globe. It funds organizations behind the movement to defund the police, pack the Supreme Court, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/soros-charity-to-slash-workforce-by-40-percent\/\" title=\"Soros Charity to Cut Staff by 40%\">expand climate change regulations<\/a>.<\/p>\n<div>\n<p>\n          <a href=\"https:\/\/winred.tomcotton.com\/tom-cotton\/defend-scotus-ads-beacon?utm_source=rc&#038;utm_medium=beaconads&#038;utm_campaign=2023maybeaconscotus\" target=\"_blank\" rel=\"noopener\"><\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/winred.tomcotton.com\/tom-cotton\/defend-scotus-ads-beacon?utm_source=rc&#038;utm_medium=beaconads&#038;utm_campaign=2023maybeaconscotus\" target=\"_blank\" rel=\"noopener\"><\/a>\n        <\/p>\n<\/p><\/div>\n<p>The younger Soros recently said he plans to use Open Society\u2019s $25 billion war chest to fund the cause to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wapo-defends-very-catholic-biden-against-far-right-bishops-set-to-rebuke-him-over-abortion\/\" title=\"WaPo Defends \u2018Very Catholic\u2019 Biden Against \u2018Far-Right\u2019 Bishops Set To Rebuke Him Over Abortion\">expand abortion rights<\/a> and voting rights. He also claimed to be &#8220;way more political&#8221; than his father, the Democratic Party\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-lincoln-project-execs-knew-of-weaver-allegations-in-march-before-big-donors-ponied-up\/\" title=\"Report: Lincoln Project Execs Knew of Weaver Allegations in March, Before Big Donors Ponied Up\">largest individual donor<\/a>.<\/p>\n<p>While Alex Soros has given only a fraction of his dad\u2019s campaign donations, he has been spotted hobnobbing with President Joe Biden, Vice President Kamala Harris, Senate Majority Leader Chuck Schumer (D., N.Y.), former House Speaker Nancy Pelosi (D., Calif.), and other Democratic luminaries. Alex <a href=\"https:\/\/freebeacon.com\/democrats\/george-soross-son-met-with-top-biden-national-security-official-ahead-of-major-foreign-meeting\/\" target=\"_blank\" rel=\"noopener\">has visited<\/a> the Biden White House nearly 20 times, and had several meetings with National Security Council officials.<\/p>\n<\/p><\/div>\n<\/article>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>40% workforce reduction as George Soros transitions power to his son, Alex. The progressive billionaire&#8217;s charity, Open Society Foundations, is making the cuts while the Democratic megadonor passes the reins to his 37-year-old son, who is known for his playboy lifestyle. (55 words)<\/p>\n","protected":false},"author":155,"featured_media":1962226,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-1962225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1962225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/155"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1962225"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1962225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1962226"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1962225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1962225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1962225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}