November 15, 2024

Here Come the Furloughs

Author: Ray Schroeder
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Emma Whitford, Inside Higher Ed

Sharp reductions in revenue and potential increases in expenses are spurring colleges to furlough or lay off employees while they wait for the coronavirus outbreak and the uncertainty it brings to subside. Several colleges announced furloughs and layoffs this week and warned of potential additional staff reductions in the weeks to come. As colleges field unexpected expenses and lost revenue due to the coronavirus outbreak, paying employees — especially those who are unable to do their jobs remotely — is becoming more difficult.

https://www.insidehighered.com/news/2020/04/10/colleges-announce-furloughs-and-layoffs-financial-challenges-mount

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