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

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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.

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