Why America’s richest universities are laying off staff: The hidden cost of federal funding cuts – Times of India
In 2025, a surprising trend is unfolding across US higher education: some of the country’s wealthiest and most prestigious universities are laying off staff in large numbers. With endowments in the tens of billions, institutions like Harvard, Stanford, and Johns Hopkins might seem financially bulletproof. But this year’s sweeping federal funding cuts have revealed just…