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...meeting, led by FAS Dean Michael D. Smith, helped to articulate the nebulous financial condition of the university to staff and faculty members who will be heavily impacted by the situation. He discussed pressing issues surrounding the $220 million deficit that FAS is expected to run for the next two years. Ever since last month’s announcement that endowment funding for Harvard schools will drop by a steep eight percent, there has been much confusion about what changes will proceed in the immediate future. Fortunately, Tuesday’s meeting helped remove the opacity that normally characterizes Harvard?...

Author: By The Crimson Staff | Title: Behind the Curtain | 4/16/2009 | See Source »

Breaking the university’s tradition of tight-lipped administrators, Dean Smith clarified just how dire the FAS situation actually is and the types of cuts that will most likely be necessary. The meeting occurred the day after an optional early-retirement incentive program for FAS staff members drew to a close and Smith announced that 30 percent of staff had participated. While he hinted at possible layoffs in the future, given FAS is saddled with such a large deficit, Smith did not articulate any specific plans. In spite of any concrete details, however, the general sentiment among...

Author: By The Crimson Staff | Title: Behind the Curtain | 4/16/2009 | See Source »

...recommendations. At the moment, the administration seems completely preoccupied with the College’s financial troubles. We understand and sympathize with this focus. But, while Ad Board reform will not save a dollar, let alone the $200 million needed to cover this year’s FAS deficit, this is one issue on which a marginal increase in attention from the administration and Faculty would result in considerable goodwill from students. After a year of budget cuts and somber news, this small investment of time and energy would remind students that one of the College?...

Author: By The Crimson Staff | Title: Dean Hammonds: | 4/16/2009 | See Source »

...some attendants said that the town hall meeting provided insight into the severity of the FAS deficit...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Faced With Deficit, FAS To Restructure | 4/15/2009 | See Source »

...potential ramifications of these cuts for the January term session after yesterday’s town hall meeting led by Dean of the Faculty of Arts and Sciences Michael D. Smith. Smith announced six working groups that would be charged with finding areas for cost-reductions throughout FAS. But according to Smith, it remains to be decided whether these committees would include students. Two committees, one dedicated to “student services” and the other to “academic” issues, will be formed to find cost-cutting savings at the College and will...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: UC Asks for Greater Input | 4/15/2009 | See Source »

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