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this post was submitted on 02 Aug 2026
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God dammit, this is like the moment the Titanic first hit the iceberg. No matter how this labor issue is resolved, it will permanently demonize Wikimedia. No matter how valuable Wikipedia is or has ever been, current culture provides no foregiveness or path of redemption after an ethical transgression. Again, dammit, I love Wikipedia and have been donating steadily for years.
You really don’t need to donate to them. Wikipedia has enough money to run itself indefinitely. The foundation just keeps growing and wasting money on non-Wikipedia stuff.
Curious, what does Wikimedia actually invest in besides Wikipedia? It's still a non-profit, right?
As of June 30th, 2025 (this years report is pending), Wikimedia has $213 million invested in corporate bonds, stocks, mutual funds, mortgage-based and US Treasury securities. This is about a $30 million uptick from 2024:
https://upload.wikimedia.org/wikipedia/foundation/3/3f/Wikimedia_Foundation_FY_24-25_Audit_Report.pdf
Meanwhile, their actual hosting expenses sit at $3,5 million. Should they cut benefits and grants, they can last indefinitely on their assets appreciation alone.
Let's not say never. Because they can course correct but it has to be hard pivot:
The fact that Wikimedia foundation chose profits over people is absolutely disgusting.
Yeah I'm probably never donating again after this. Why even bother arguing with the current US administration when the foundation is just going to copy all the bullshit the administration is pushing anyway...like, congratulations now literally everybody is pissed at your service.