"While sector layoffs are so frequent that Inside Higher Ed has dedicated monthly coverage to rounding up such reductions, those actions are more common at small, cash-strapped colleges or state institutions reeling from budget cuts. But universities with multibillion-dollar endowments have been among those making the deepest cuts in the first half of 2025, often driven by freezes on federal funding that the Trump administration imposed with minimal notice.
"Some universities have also cited the recently passed endowment tax increase as a factor in layoffs."
Yes. Universities with multimillion-dollar endowments letting go of employees are indistinguishable from the private sector corporations that much of the ivory tower holds in contempt for their greed.
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