Harvard layoffs extend to alumni affairs office as budget squeeze grows
Harvard University has laid off 55 employees from its Alumni Affairs and Development office as part of broader cost-cutting measures amid financial pressures. This decision follows earlier steps like pausing wage increases and limiting new hiring, aiming for long-term office sustainability. The cuts highlight financial strains on universities with large endowments facing potential federal policy changes.
Harvard University has laid off 55 employees from its Alumni Affairs and Development office as part of broader cost-cutting measures amid financial pressures. This decision follows earlier steps like pausing wage increases and limiting new hiring, aiming for long-term office sustainability. The cuts highlight financial strains on universities with large endowments facing potential federal policy changes.
