University of California to Order Hiring Pause as It Braces for Funding Cuts

The University of California will impose a system-wide hiring freeze to rein in costs as the university braces for potential funding cuts, said President Michael Drake. University of California to Order Hiring Pause as It Braces for Funding Cuts Speaking at a board meeting on Wednesday, Drake cited the likelihood of federal funding reductions by the Trump administration and proposed state budget cuts as reasons for the decision. IIM Ahmedabad, FPSB India partner to launch Executive Program in Financial Planning & Investment Advisory Services In addition to the reduction in federal funding, the university system also faces a nearly 8% budget cut in Governor Gavin Newsom’s proposed state budget. UC Berkeley is also one of 60 US colleges and universities under investigation by the Department of Education over allegations of “antisemitic harassment and discrimination.” UP: Private university's chancellor, four others booked for issuing fake marksheets ‘Existential’ Cuts Drake said Trump’s cuts to research are “existential” along with any potential cuts to Medicare and Medicaid that would be a “grave threat” to the system’s vast network of hospitals and medical service providers. Distress at the University of California over Trump cuts also led the system’s top investment officer on Tuesday to call on Treasury Secretary Scott Bessent, a former hedge fund manager, to defend the UC system.