Stanford University to slash $140M from budget, eyeing potential layoffs

According to Stanford, the cuts could include layoffs and reductions to programs.

STANFORD, Calif. — Stanford University announced in a letter to the campus community that it is slashing $140 million from its budget due to funding cuts at the federal level.

Under President Donald Trump, the government has been slashing research grants as well as higher education funding.

According to Stanford, the cuts could include layoffs and reductions to programs.

However, the School of Medicine will be spared.