Cornell University will cut jobs and tighten spending due to steep federal funding losses, according to The Ithaca Voice. The move follows the Trump administration’s freeze on contracts and grants, which reportedly impacts over $1 billion in support.
President Michael Kotlikoff said workforce cuts are unavoidable after a 15% staffing increase since 2021 outpaced revenues. Hiring will remain frozen through 2026, with discretionary expenses slashed and academic programs under review.
Cornell, Tompkins County’s largest employer, expects legal and financial strain to intensify as proposed endowment taxes and DEI-related scrutiny deepen. Kotlikoff warned the university must enact permanent austerity to stay financially stable.
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