The University of Southern California announced an immediate hiring freeze for all staff positions, “with very few critical exceptions” in a letter to faculty and staff on Tuesday.
The letter, from USC’s president, Carol Folt, and provost, Andrew Guzman, said the hiring freeze was one of nine steps to cut the school’s operating budget amid deep uncertainty about federal funding – given sweeping cuts to scientific research, the reorganization of student loans, and an education department investigation accusing the university of failing to protect Jewish students during protests over Israel’s destruction of Gaza following the Hamas attacks on 7 October 2023.
“Like other major research institutions, USC relies on significant amounts of federal funding to carry out our mission,” the university administrators wrote. “In fiscal year 2024, for example, we received approximately $1.35 billion in federal funding, including roughly $650 million in student financial aid and $569 million for federally funded research. The health system also receives Medicare, Medicaid, and Medi-Cal payments – a significant portion of its revenues – and the futures of those funds are similarly uncertain.”
