Stanford University is the latest university to lay off employees after federal policy changes.
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Stanford plans to lay off 363 jobs this fall from the end of September San Francisco Chronicles Report.
The university had previously announced a recruitment freeze in February.
Stanford President Jon Levin and Provost Jenny Martinez pointed out in a letter to campus that the cuts were part of an effort announced last month to reduce the $140 million in the general fund budget. They called the layoffs a report on Tuesday: “The product of a challenging fiscal environment is largely shaped by changes in federal policy that affect higher education.”
University officials provided more information in a letter to the California Department of Employment Development, accompanied by a notice of layoffs. They cited “expected federal policy changes, such as reductions in federal research funding and an increase in excise tax on investment income,” which are important factors driving the decline in Stanford’s workforce.
Neither letter provides more details about who will be affected by job layoffs.
Stanford has been in the Trump administration’s crosshairs in recent months, with the Justice Department investigating private universities’ admission practices accusing it and several other agencies of announcing a ban on bans in affirmative action.
Stanford University is one of the richest institutions in the United States, with a donation valued at $37.6 billion earlier this year. Only two other institutions and one system have larger donations.
Now Stanford joins other wealthy peers, with billions of dollars in donations and recently enacted cuts. Last month, Duke University announced that 599 employees accepted the acquisition, and Northwestern layed off 425 jobs when it freezes federal research funds. Although not as rich as Stanford University, both are one of the richest universities in the United States.
