Stanford to cut $140 million from 2025-26 budget, lay off staff amid federal funding drop – Times of India
Stanford to cut $140 million from 2025-26 budget Stanford University announced on Thursday that it will reduce its 2025–26 academic year budget by $140 million, citing a sharp decline in federal research funding and the looming threat of an increased endowment tax. The financial adjustment marks a significant response to mounting external pressures, including grant…