University of Chicago announced plans to cut $100 million in expenses, including 100-150 staff reductions and program suspensions, after enduring deficits and federal policy changes under the Trump administration. The institution is reducing leadership roles, pausing several graduate program admissions, and reviewing research spending. President Paul Alivisatos cited financial pressures worsened by recent policy disruptions, aiming to stabilize operations and curb persistent operating deficits while preserving core functions.