Word: layoffs
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...student advisory committee. The advising office faces the “loss of one assistant dean,” whose responsibilities would have included overseeing new advising programs that would cater to athletes and international students, according to the document. There is no indication from the document that a layoff will result from the elimination of the position. According to Omar M. Abdelsamad ’09, who is a student on the advising committee, most of the programming cuts were not essential. “All the advising events you go to have a lot of food...
...what impact does losing a job have on your health? Could a layoff send a perfectly healthy person into a downward spiral of sickness? It's possible, says Kate Strully, a sociologist at State University of New York in Albany. In her new study published in the journal Demography, Strully analyzed a variety of job loss situations - including being fired or laid off or losing a job after the entire company shut down - and found that job loss may indeed trigger serious physical and physiological illness...
Harvard Law School will lay off staff members in response to budgetary constraints imposed by University administrators, acting Dean Howell E. Jackson said Monday. The likely layoffs come amidst continued estimates of a 30 percent decline in endowment value by year’s end and a corresponding reduction in the endowment payout—a major source of funding for the University’s different schools that accounts for 40 percent of the Law School’s annual revenue. A recent University request for a 10 percent reduction in the Law School budget has made staff layoffs...
Starbucks substantially altered its relationship with its employees and the image that its customers had of the company. But, Starbuck's brand has escaped the damage of the layoff of 12,000 employees, relatively unscathed, if the modest drop in traffic is an indication. The lesson is that people will visit a beautiful home even if the owner has evicted his own mother as long as the home is well managed, and the company and cuisine at dinner are excellent...
...easy choice, particularly for companies in layoff mode. But executives believe the arts are a good investment, a relatively inexpensive brand polisher, as well as a community-development engine and a key in promoting a region as a good place to live and do business. So sponsorships, cash gifts, in-kind service offerings and other donations are still being given. "Companies need to market themselves ... so there's always opportunity out there," says Gail Bower, a sponsorship and marketing consultant in Philadelphia...