The article Mass Layoffs Announced At Stanford University Blamed On Trump Cuts appeared first on Palo Alto Patch. PALO ALTO, CA — Amid sweeping cuts to federal research funding driven by new federal policies, Stanford University will permanently lay off hundreds of employees this fall.

Last month, President Donald Trump signed the One Big Beautiful Bill Act. It raised the tax on net investment income for universities with large endowments from about one-and-a-half percent to eight percent. Stanford’s endowment last year was nearly 38 billion dollars.

Stanford University said on Tuesday it has laid off over 360 employees, citing budget constraints that it attributed to the federal funding policies of U.S. President Donald Trump. The Trump administration has threatened to cut federal funds for universities over pro-Palestinian protests against U.