Bezos Makes Charity Pledge as Amazon Is Said to Plan Job Cuts
- Amazon founder says he’ll give away bulk of his fortune
- Pledge comes hours before news report of 10,000 staff cuts
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Jeff Bezos said he plans to give away the bulk of his fortune during his lifetime in an interview that aired just hours before reports that Amazon.com Inc. plans to cut about 10,000 jobs.
Bezos, the e-commerce giant’s founder and the world’s fourth-richest person, will focus the bulk of his philanthropy on fighting climate change and supporting those who seek to unify people, the billionaire told CNN. It’s the first time he has committed to such a pledge.