Word: jacksonism
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...share of endowment payout for fiscal years 2010 and 2011 may fall by as much as $19 million from this past year's payout, administrators have come to view layoffs as a "painful" but necessary cost-cutting measure taken only after an "exhaustive look at all other possibilities," Jackson wrote. Staff attrition and redeployment, along with the University's voluntary early retirement incentive program, already helped to achieve most of the necessary downsizing...
...even with these cost-cutting measures, the threat of layoffs had loomed since April, when Jackson said at a town hall meeting that further staff reductions would likely be needed to bring the School's costs in line with its new financial realities...
...These are material changes that will affect our budgets in future years,” Jackson said in an interview in May. “We will need to reduce our staff levels in order to live within our new means...
...temporary replacement for former Law School Dean Elena Kagan, who stepped down after being confirmed as U.S. Solicitor General, Jackson took an unusually active role in shaping the Law School during his brief three month deanship. Kagan departed in March without making any budgetary announcements to the Law School community, and due to the tight budget approval timeline, the decision fell to Jackson to move forward with involuntary workforce cuts...
...mail, Jackson said that although Martha Minow, the newly appointed Law School dean who assumes her position July 1, was not involved in the decision-making process, he expects her to ease smoothly into her new role...