Harvard-MIT Broad Institute slashes 75 jobs and $42M budget amid US...

Harvard-MIT Broad Institute slashes 75 jobs and $42M budget amid US federal funding crisis

Posted

The Harvard-MIT Broad Institute has laid off 75 employees and cut $42 million from its annual budget due to reduced US federal funding for scientific research. The cuts, announced in a June 29 internal email, impact 4% of staff and include salary freezes and program reductions. The Broad received $157 million last year from the NIH, now facing cuts under President Trump. Leadership expressed commitment to maintaining research quality despite financial strain, as reported by The Harvard Crimson.

Read Full Article

Please log in to like, share and comment!