In a letter, Stanford University cited “ongoing economic uncertainty,” looming federal cuts and rising operational costs as the reasons for the staffing cuts.

Stanford University will lay off at least 363 employees this fall as part of $140 million in budget cuts due to rising costs and changes in federal funding, including a sharp increase in the endowment tax.

The article Mass Layoffs Announced At Stanford University Blamed On Trump Cuts appeared first on Palo Alto Patch. PALO ALTO, CA — Amid sweeping cuts to federal research funding driven by new federal policies, Stanford University will permanently lay off hundreds of employees this fall.