Harvard to offer early retirements to save money
According to Reuters, CNBC: “Harvard University, the world’s richest, said on Wednesday that it will hold salaries flat for the next academic year, let staff retire early and slow construction of a new campus in Allston to save money. Harvard President Drew Faust wrote to students, faculty and staff on Wednesday, saying that the economic downturn will require “taking some difficult steps.” ”
~News submitted by upthecreek
They are doing the same thing in California public schools. See my blog about the latest.