Stanford University To Lay Off Staff, Cut $140 Million From Its Budget
SANTA CLARA AND SAN MATEO COUNTIES, CALIFORNIA, JUN 27 – Stanford plans $140 million in cuts for 2025-26, risking layoffs and program reductions due to federal funding cuts and a proposed 21% endowment tax increase, officials said.
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Stanford University announces $140 million in budget cuts, possible layoffs amid federal policy shifts
SAN JOSE, Calif. — Stanford University, home to a $37.6 billion endowment, announced $140 million in cuts Thursday, citing “significant budget consequences from federal policy changes.”
Stanford to reduce budget by $140 million, lay off employees for next academic year
Stanford announced Thursday that it will impose a $140 million budget cut for the 2025-26 academic year to adapt to reductions in federal research support and an increase in the endowment tax. President Donald Trump’s “One, Big, Beautiful Bill,” passed May 22 by the House of Representatives, proposes a 21% increase on Stanford’s endowment tax from the current rate of 1.4%. The bill is currently undergoing negotiations in the Senate before being …
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