Harvard University plans steep reductions in Ph.D. admissions across the Faculty of Arts and Sciences, with proposed cuts of roughly 75% in the sciences and roughly 60% in the arts and humanities. The university said departments will decide how to allocate a sharply smaller pool of slots. Administrators cited rising financial pressures—an uncertain research funding landscape, increases in federal endowment taxation and a recent $113 million operating deficit—for the decision. Faculty reports indicate departments could be left with only a handful of openings or none at all once cuts are applied. The scale of the reductions has major implications for the research and academic labor pipeline, graduate training capacity, and universities that rely on doctoral students to sustain teaching and research output.