The New School, a private university, is implementing layoffs to reduce its workforce by an additional 15% to address ongoing deficits. This follows a recent 7% reduction achieved through voluntary buyouts. University leaders state that these measures are necessary to rein in financial shortfalls.
Key Points
- The New School announces further workforce reductions beyond initial 7% buyouts.
- Layoffs aim to cut 15% of employees to manage deficits.
- Private university cites financial necessities for the cuts.
Implications for Educational Freedom
No direct implications.
Source: The New School turns to layoffs to help cut another 15% of employees