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Stanford Announces Layoffs, $140 Mil in Budget Cuts – Palo Alto Daily Post

Summary by Palo Alto Daily Post
Stanford will be laying off employees and making $140 million in budget cuts because of federal policy changes, President Jon Levin and Provost Jenny Martinez announced today (June 26). “Though the budget reductions in the period ahead will be painful, we are confident that by acting now to put Stanford on stronger and more resilient financial footing, we will be better positioned to pursue excellence and new opportunities going forward,” Levin …

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Newsday broke the news in United States on Thursday, June 26, 2025.
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