Protecting and Promoting School Choice

EFI Publications

New School Layoffs: 15% Workforce Cut for Deficits

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

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