As Alexander Soros, billionaire George Soros’ fourth son, takes the helm of the leftist empire, word spread on Friday that the Soros Open Society Foundation is slashing 40 percent of its 800-strong global workforce.

(Video Credit: Firstpost)

Earlier in June, headlines screamed that the younger Soros, 37, would be taking the reins of his father’s controversial legacy.

Rumor has it that Alexander Soros is even more leftist and radical than his father is. He immediately declared that he planned to chart a new course for the Open Society while maintaining his father’s core liberal values. He told the Wall Street Journal that he was “more political” than his father is and those politics are Democratic in nature. Ostensibly meaning that Soros will spend a great deal of time at the White House in the lead-up to the 2024 presidential election.

He recently met with Biden administration officials, Senate Majority Leader Chuck Schumer (D-NY), and heads of state, including Brazil’s President Luiz Inácio Lula da Silva and Canada’s Prime Minister Justin Trudeau to advocate for issues related to the family’s foundations and leftist goals.

Alex said he is concerned about the prospect of former President Trump’s returning to the White House, hinting at a significant financial role for the Soros organization in the 2024 presidential race. He has also railed against the overturning of Roe v. Wade, the nixing of affirmative action, and other moves by the Supreme Court.

BREAKING: Alexander Soros has announced that the Open Society foundation will be laying off 40% of staff now that he has been put in charge.

The foundation donated to progressive campaigns across the country including Alvin Braggs, Larry Krasner, and many others. The… pic.twitter.com/FIvjBNLL0n

— Travis (@Travis_in_Flint) June 30, 2023

George Soros passes $25B torch to millennial seed Alex, who vows: ‘I’m more political’ https://t.co/YhSwlhK5I9 via @BIZPACReview

— BPR based (@DumpstrFireNews) June 11, 2023

Israeli official warns son Alex Soros is a ‘replica of his father’ when it comes to political priorities https://t.co/iuKU6KY2Aa via @BIZPACReview

— BPR based (@DumpstrFireNews) June 18, 2023

“As much as I would love to get money out of politics, as long as the other side is doing it, we will have to do it, too,” he said in an interview with The Wall Street Journal at the fund manager’s New York offices.

The Open Society issued a vague press release on Friday that announced “significant changes to the Foundations’ operating model” that it was planning to implement “in the coming months” in an effort to become more streamlined. A spokesperson for the group told The Daily Beast via an email that those changes would include significant layoffs.

“The Board has directed Open Society’s senior leadership to proceed with the work necessary to implement this new approach in accordance with local requirements and obligations to our employees and representatives,” the spokesperson declared.

“Through this new model, the Board aims to transform operations across the global network, with the goal of generating a nimbler organization better able to build on past achievements and confront urgent and emerging challenges,” the Open Society statement said.

Alex Soros has been seen ramping up his political influence to push his evil progressive policies on America using 1.5 Billion from the Open Society Foundation.

He’s been seen in/out of the White House and all over social media hobnobbing with top Democrats.

Evil begets evil. pic.twitter.com/sFphUPwHOX

— Americat (@catmurphy209) June 29, 2023

No one continuously contributes massive amounts of money without expecting something in exchange.

POS Chuck Schumer with Alex Soros pic.twitter.com/ODSjWrYEo1

— The Nasty Italian (@sayitnspinit) June 29, 2023

According to Samuel Brunson, who researches nonprofits at the Loyola University Chicago School of Law, the downsizing is not unexpected given that Alexander Soros may “have different priorities and goals” than his father.

Bloomberg broke the story of the layoffs at Open Society. The charity’s largest expense in 2021 was for compensation, with nearly $72 million spent on pay and an additional $40 million on benefits and pension plans. The foundation, which supports a range of humanitarian and democratic causes, controls the majority of assets managed by the Soros family office, valued at $25 billion.

The Soros organization is “the world’s largest private funder of independent groups working for justice, democratic governance, and human rights,” according to the foundation’s website. What the site doesn’t say is it has allegedly been involved in and allegedly funded numerous color revolutions across the globe to influence political control in a number of countries.

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