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Gates Foundation slashes parental leave by half

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The Bill & Melinda Gates Foundation is cutting parental leave for employees by half.

The Gates Foundation will now offer six months paid leave to new parents. They're also eligible for a $20,000 child care stipend when they come back to work.

The full year of paid leave was reportedly among the most generous policies at the time it was introduced.

Read more from the Puget Sound Business Journal.

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