Word: hbs
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...letter to faculty and staff on June 23, HBS Dean Jay O. Light and Associate Dean for Administration Angela Q. Crispi said it was a "difficult day" for the School but that there was no alternative...
Through the latest staff reductions and other cost-cutting initiatives, HBS has trimmed roughly $40 million from its budget, according to HBS spokesman Brian C. Kenny. In their letter, Light and Crispi expressed hopes that no further layoffs would be necessary, but noted that new hiring would be closely monitored...
...move separate from last week's staff cuts, Harvard Business Publishing has laid off 20 of its 250 employees as well, Kenny said. The School's publishing arm—which prints books, a business journal, and case studies used in HBS classes—has been hit hard by the recession, he said, along with the rest of the industry...
...school has." But due to the complicated mechanisms for assigning financial aid at each of Harvard's schools and within the Yellow Ribbon Program itself, he said he would refrain from judgment "until we see how individual aid packages turn out."Susan Gilbert, director of MBA financial aid at HBS, said her school was happy to support such an important initiative and that $5,000 represented an "appropriate amount for the first year of our program."Day said the University's decentralized approach has actually allowed for greater participation in the program among Harvard's various schools, which have different...
University spokesman John D. Longbrake referred questions about University censure for the professor to the Business School, and James E. Aisner '68, a spokesman for HBS, declined to comment on the incident...