Wealthiest universities and small colleges are reducing staff as they face federal research funding uncertainties and broader financial difficulties. Major institutions like Harvard, Stanford, and Cornell have announced job cuts mainly in response to proposed federal funding caps alongside challenges such as declining enrollment and shrinking state support. Southern New Hampshire University cut 60 jobs while the University of Oregon laid off 42 employees due to a significant budget deficit. These layoffs are part of broader cost-cutting measures across higher education aimed at adapting to current financial conditions.
Southern New Hampshire University is cutting 60 jobs across eight departments, focusing on reallocating resources to better meet evolving student needs and achieve long-term strategic goals.
The University of Oregon faced a $25.7 million budget deficit and laid off 42 employees, reflecting financial pressures from dwindling enrollment and state support.
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