Valley News – Dartmouth College finances waylaid by virus; layoffs remain on the table
HANOVER Dartmouth College officials declined Wednesday to rule out layoffs and furloughs for some of its 3,900 employees, including non-tenured faculty, as the institution faces millions of dollars in projected losses over its spring and summer terms.
Layoffs are a part of a tool kit that administrators need access to, but are seen as a last resort to stabilize the college s financial situation past June 30, Executive Vice President Rick Mills said during a meeting with Valley News editors and reporters.
via www.vnews.com