Tough times at The New School, which just handed layoff notices to about 15% of its employees to address a $48 million deficit — on top of a 7% workforce reduction via buyouts. It's also restructuring four colleges into two in a major reorg. #HigherEd #AcademicSky
www.chronicle.com/article/its-...
One of New York’s most prominent universities has handed layoff notices to about 15 percent of its employees, marking its latest measure to rectify a $48-million budget deficit.