President Donald Trump's administration has caused significant layoffs at some of the nation's wealthiest universities due to federal funding cuts. These cuts resulted in universities with multibillion-dollar endowments making deep job reductions in response to freezes on funding and a new endowment tax increase. Johns Hopkins University was notably impacted, losing $800 million in funding and laying off 2,222 staff members. As institutions face uncertainty in research funding and fluctuating international student enrollment, they are compelled to adjust their staffing levels and implement cost-cutting measures.
The layoffs show a sector bracing for a new reality where research funding can be suddenly yanked away with little to no explanation and international and graduate student enrollment, once considered a cash cow, is under threat.
Johns Hopkins University experienced $800 million in canceled funding due to Trump administration cuts, leading to the layoff of 2,222 employees and the shutdown of numerous international programs.
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