Stanford Sorting: The university sets more than 360 employees on fire; Trump’s federal funds blames policies
Stanford University on Tuesday announced that it had placed more than 360 employees citing budget pressures related to federal funding policies under the Trump administration. The university spokesman said in an email, “Stanford is in the process of cutting the budget.” “Last week, many schools and units reduced the staff workforce. Overall, 363 trimmed.”The university pointed out the recent threats by the Trump administration, in which federal funds were stopped from institutions on several issues, in which the opposition of the opposing Palistini campus against Israel’s works in Gaza, climate initiative, transgender rights, and diversity, equity, and inclusion (DEI) programs, reported. University leaders said they “faced significant budget results from federal policy changes and would cost Stanford $ 140 million from those changes,” ABC7 News said. “… University is decreasing by $ 140 million in the general fund budget for the coming year. It is a challenging fiscal environment in size by federal policy changes affecting higher education … These are difficult tasks that affect colleagues and friends who contribute significantly to Stanford,” A expenditure bill supported by Trump and passed by the House in May, which was a 21% tax on some university arrangements, affecting institutions such as Stanford. Stanford University conducted a settlement of $ 37.6 billion in August last year, which was the fourth largest in American universities.The proposed settlement tax is expected that the cost of Stanford University is around $ 750 million annually. According to Stanford Daily Newspaper, the current settlement tax rate in the university is 1.4 percent.“This is important and of course it creates a big financial burden for Stanford,” said Julian Vogel of Finance at San Jose State University.The Trump administration has funded more than $ 330 million in funding for Los Angeles, the University of California last week, which reports the university’s alleged failure to address a hostile environment for Jews and Israeli students amidst the outbreak of the Israel-Pilistine conflict.The US government recently concluded its investigation at Columbia University and Brown University, Columbia agreed to pay more than $ 220 million and was committed to disposal of Brown $ 50 million. Both universities have also accepted certain conditions set by the government. According to Reuters report, talks with Harvard University are still going on.
