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Stanford lays off hundreds as endowment shrinks

Source: San Francisco Chronicle

Stanford : CA : USA | 3 months ago

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Stanford University has laid off 412 employees and plans an additional 60 layoffs later this year to offset a steep drop in the value of its endowment. More News Stanford officials said Tuesday that layoffs have been spread throughout its graduate schools, academic departments and administrative...

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Another 800 layoffs at Microsoft

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Stanford University endowment loses big

News Source: San Francisco Chronicle | 3 months ago

Stanford, the nation's third-wealthiest university, is feeling poor. The school has laid off 412 employees this year, with dozens more layoffs to come. It has also frozen salaries and shuttered its physics library as it tries to counter the largest...
East Bay Business Times: Stanford lays off 412 people to save money

News Source: Androscoggin News | 3 months ago

Stanford University has reacted to its shrinking endowment by laying off 412 people and eliminating their jobs. The university, which spent $1 billion of its endowment this year, also plans to get rid of 60 more people by the end of the year,...
Stanford lays off hundreds as endowment shrinks

News Source: San Francisco Chronicle | 3 months ago

Stanford University has laid off 412 employees and plans an additional 60 layoffs later this year to offset a steep drop in the value of its endowment. More News Stanford officials said Tuesday that layoffs have been spread throughout its graduate...