Princeton University has frozen senior faculty salaries and cut departmental budgets. President Christopher Eisgruber warned that more cuts are coming. Nine staff members from the Keller Center for Innovation were recently laid off. The university faces financial pressure due to rising healthcare costs and lower endowment returns. Future changes will focus on efficiency rather than expansion.
https://patch.com/new-jersey/princeton/princeton-u-lays-staff-freezes-salaries-president-says-more-cuts-are-coming