Stanford University is laying off 363 employees due to financial challenges related to new regulations from the Trump administration. The layoffs include various positions such as project managers, scientists, and software developers, effective from Oct. 1. Affected workers will receive three months of health insurance and career transition services, although specifics on severance packages remain unclear. The university faces economic uncertainty, anticipated federal cuts, and rising operational costs, prompting a $140 million budget cut for the 2025-26 school year and a continued hiring freeze.
Stanford University is laying off 363 workers, including various roles like project managers and researchers, citing new Trump administration rules impacting its budget.
The layoffs, effective starting Oct. 1, will provide affected employees with three months of continued health insurance and career transition services.
Ongoing economic uncertainty, potential federal cuts, and rising operational costs prompted the university's layoffs and a $140 million budget cut for the 2025-26 school year.
Stanford's endowment tax increased from 1.4% to 8% after legislation was signed into law, impacting financial aid and research funding.
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